Friday 29 September 2017

BlackBerry has outstanding second quarter earnings report led by licensing and software

Sure, BlackBerry no longer manufacturers smartphones, but its licensing and software divisions are running on all cylinders. In fact, it makes you wonder why BlackBerry didn't give up manufacturing smartphones earlier. With the current set up, the guys in Waterloo have a good thing going. A company like TCL licenses BlackBerry's version of Android and pays the company for use of the iconic BlackBerry name and logo. BlackBerry sits back and deposits the checks.

Topping Wall Street expectations, BlackBerry reported a record $196 million in services and software revenue for its fiscal second ...

No comments:

Post a Comment