BlackBerry Ltd  BBRY

BlackBerry Ltd BBRY

BBRY BlackBerry Limited, formerly known as Research In Motion Limited (RIM),is a Canadian multinational telecommunication andwireless equipment company best known to the general public as the developer of the BlackBerry brand of smartphones and tablets, but also well known worldwide as a provider of secure and high reliability software for industrial applications and mobile device management (MDM). QNX, a subsidiary of BlackBerry, is widely recognised as a leader in automotive software industry. BlackBerry’s software and hardware products are used worldwide by various government’s agencies and by car makers and industrial plants throughout the world, much of this activity being unseen by the public. The company is headquartered in Waterloo, Ontario, Canada. It was founded by Mike Lazaridis and Douglas Fregin in 1984. Fregin later left the company in 2007. In 1992 Lazaridis hired Jim Balsillie, and Lazaridis and Balsillie served as co-CEOs until January 22, 2012. In November 2013, John S. Chen took over as CEO. His strategy is to subcontract manufacturing to Foxconn, and to focus on software technology.

On September 23, 2013, the company signed a letter of intent to be acquired for US$4.7 billion, or US$9 per share, by a consortium led by Fairfax Financial which announced its intentions to take the company private. On November 4, 2013, the deal was scrapped in favor of a US$1 billion cash injection which, according to one analyst, represented the level of confidence BlackBerry’s largest shareholder has in the company. The majority of BlackBerry’s remaining value lies in its patent portfolio which has been valued at between US$2 billion and $3 billion.

Originally a dominant innovative company in the smartphone market for business and government usage, with 41% U.S. market share in Q1 2010, the company’s dominance in the U.S. smartphone market has in recent years declined precipitously, in part because of intense competition from Apple’s iPhone and various Android devices. Due to such competition, the company’s share in the U.S. personal consumer market has reduced to 0.8% by Q1 2016




|Chart | Calendar   | TRADE NOW | BlackBerry Gurus Latest Trades with BBRY BUZ INVESTORS Trades BBRY   Ticker Guru Date Action AllBuyBuy to coverAddReduceSellSell short Impact Price Range (Average)* Current Price Change from Average Comment Current Shares BBRY Kahn Brothers 2017-03-31 Add 0.23% $6.68-$7.75 ($7.12) $9.35 31% Add 3.91% 4,526,260 BBRY First Eagle Investment 2017-03-31 Add
Complete Reading

Today BlackBerry Limited (BBRY) Downgraded by Zacks Investment Research Today BlackBerry Limited (BBRY) Downgraded by Zacks Investment Research Buz Investors BlackBerry Downgraded by Zacks Zacks Investment Research cut shares of BlackBerry Limited (NASDAQ:BBRY) (TSE:BB) from a buy rating to a hold rating in a report issued on Monday morning. According to Zacks, “We are positive on
Complete Reading

BlackBerry Stock: Is BBRY Stock Back on Top? Buz Investors BBRY Stock Back on Top it’s been a while, but BlackBerry Ltd(NASDAQ:BBRY) now has cause for celebration. BlackBerry stock was up over 2.5% on Tuesday after reporting a stronger-than-expected third quarter.BBRY stock posted adjusted earnings of $0.01 per share for Q3, which beat out the
Complete Reading

BlackBerry Ltd: This Chart Implies a Huge Move in BBRY Stock Buz Investors  Huge Move in BBRY Stock I can’t even count the number of times I believed that BlackBerry Ltd (NASDAQ:BBRY) stock was finally going to stage a move. I patiently watched with anticipation, and nothing ever seemed to happen. I am starting to believe that
Complete Reading

Blackberry Ltd: Here’s How BBRY Stock Gains from New Strategy Buz Investors Watch this BBRY Stock Gains BlackBerry Ltd (NASDAQ:BBRY) is back to its recent antics. It seemed as if Blackberry stock had crossed a line. A little over two weeks ago, Blackberry announced that it would let go of the mobile handset game. The market
Complete Reading

Create Account



Log In Your Account



Dash_En