Post by
Patagonia75 on Mar 31, 2021 1:26pm
Revenue decline
2017 - 1,309 2018 - 932 2019 - 904 2020 - 1040 ( bought cylance with annual run rate of 210) 2021- 893 2022 - Chen's anticipated revenue 775-815 I didn't even bring up the first four years worth of revenue declines as its too depressing. YASCH will say the revenue decline is due to the handsets and service access fee. Well, John chen said he could save the company in 18 months and he failed. Whats more the number here are after blackberry stopped making phones. My prediction for 2023 is 615 in revenue. 2024 will be 550 and so forth.
Comment by
Yasch22 on Mar 31, 2021 4:44pm
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Comment by
Patagonia75 on Mar 31, 2021 6:51pm
No Yasch, Blackberry stopped making phones in 2016. So for you to suggesting their revenue decline is attributed to the handset division selling fewer phones is false. The fact is cylance business has declined and software and services has been in decline for years.
Comment by
Yasch22 on Mar 31, 2021 10:59pm
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Comment by
Patagonia75 on Mar 31, 2021 11:47pm
Q1 of 2019 was 3 years ago. Have revnues growth since then? Answer No.
Comment by
Yasch22 on Apr 01, 2021 12:04am
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Comment by
Patagonia75 on Apr 01, 2021 10:05am
Q1 of fiscal 2019 was reported in June 2018. Just as Q1 of 2022 will report June 2021.
Comment by
Yasch22 on Apr 01, 2021 10:14am
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Comment by
Yasch22 on Apr 01, 2021 1:04pm
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Comment by
Patagonia75 on Apr 01, 2021 1:45pm
Yasch why are you glossing over the fact that their core business is not growing. How much of the software and services revenue came by way of acquisitions? 300 million? The fact remains in the 7.5 years since he has taken the helm the overall revenue has declined inspite of his promised 18 month turn around.
Comment by
Yasch22 on Apr 01, 2021 4:27pm
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Comment by
Braggs2 on Apr 01, 2021 9:01pm
And after all the years with Chen leading the company All the announcements partnerships patent wins acquisitions we still sit at or below the price Watsa offered. I find this extremely odd that this stock cannot gain real traction?
Comment by
Yasch22 on Apr 03, 2021 2:51pm
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Comment by
Yasch22 on Apr 03, 2021 2:59pm
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Comment by
MMM500 on Apr 04, 2021 12:04pm
Furthering, to increase the QNX 's stickness, the innovation fund is coming into the picture to develop the APP with the AWS partnership. The app will differentiate QNX as the data platform from other existing or future potential competitors. JC is the architect of all the strategies laid out. Let's see how they work out. Next 2/3 years are very crucial. Hope all goes well.
Comment by
Yasch22 on Apr 01, 2021 2:02pm
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