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-   -   Third Quarter revenue drops, but profit beats estimates (http://www.blackberryforums.com/showthread.php?t=268009)

NorFoster 12-20-2017 12:39 PM

Third Quarter revenue drops, but profit beats estimates
 
Fiscal third quarter revenue drops, but profit beats estimates.

Software and services revenue ($190 million) exceeds the expectations in the third quarter. Changing the focus from phones to software and technology is continuing to work well for BlackBerry. Will it be one of the top tech companies in the future?

NJBlackBerry 12-20-2017 03:14 PM

Re: Third Quarter revenue drops, but profit beats estimates
 
No. It will be a niche competitor in a crowded mobile security space. With a tarnished brand name.

I am sure that some will be waiting for the next BB 10 phone.

tsac 12-20-2017 09:39 PM

Re: Third Quarter revenue drops, but profit beats estimates
 
I agree 100% with NJ, Blackberry made big mistakes and lost a very lucrative market when they dumped the original blackberry design and moved to Android and then again to a software company for business only. There are way too many phones with the ability to do Android apps and other than price almost nothing separates them.
As for the software side, we will have to wait and see but the stock is one indicator.
From 2010 @ $70 per share to $12 today says a lot.

dTech 06-20-2018 03:11 AM

Re: Third Quarter revenue drops, but profit beats estimates
 
Agree with NJ (y)

tsac 06-20-2018 11:50 AM

Re: Third Quarter revenue drops, but profit beats estimates
 
Blackberry stock as of today is 12.04 almost no movement.

dTech 06-22-2018 07:06 AM

Re: Third Quarter revenue drops, but profit beats estimates
 
Quote:

Originally Posted by tsac (Post 1820120)
Blackberry stock as of today is 12.04 almost no movement.

But their devices are still good to be used if data security is your priority.;-)

NJBlackBerry 06-22-2018 01:54 PM

Re: Third Quarter revenue drops, but profit beats estimates
 
And you live in the past.

Stock down to $10.74.

tsac 06-22-2018 03:01 PM

Re: Third Quarter revenue drops, but profit beats estimates
 
closed at 10.68

NJBlackBerry 06-22-2018 07:00 PM

Re: Third Quarter revenue drops, but profit beats estimates
 
But they have $3bn in the bank, BB10 and QNX will save the day and just wait for the next quarter when sales will improve.

Oh wait, those were from 5 years ago.


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