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Jan 23, 2024 · BlackBerry Ltd (NYSE: BB) shares are falling in Tuesday’s after-hours session after the company announced a proposed private offering. What Happened: After the market close on Tuesday, BlackBerry...
- Adam Eckert
Dec 21, 2023 · Price as of May 21, 2024, 4:00 p.m. ET. The IoT and cybsersecurity company's latest quarter left the market underwhelmed. Shares of BlackBerry ( BB -1.66%) were down 13.3% as of 3:20 p.m. ET ...
- Steve Symington
- History of Blackberry
- The Game Changer
- The Swings
- Corporate Comeback
- Will Blackberry Survive?
- The Bottom Line
The pioneer in bringing email services to handheld mobiles, with its trademark QWERTY keyboard, BlackBerry became an instant darling of world leaders, corporate honchos, and the rich and famous alike. Indeed, owning a BlackBerry device was once a status symbol, and BlackBerry addictionwas a prevalent condition. The always-on, always-connected wirel...
BlackBerry’s stock price peaked at an all-time high of $147 in mid-2008. A year earlier, Apple Inc. (AAPL) introduced its iPhone—the first prominent touchscreen phone. BlackBerry ignored it initially, perceiving it to be an enhanced mobile phone with playful features targeted at younger consumers. However, iPhone was a huge hit—and this was the sta...
In 2009, RIM secured first place in Fortune’s 100 fastest-growing companies. In September 2010, Comscore reported RIM having the largest market share (37.3%) in the U.S. smartphone market. Its global user base stood at 41 million subscribers. Unfortunately, that was the peak of market penetration for RIM in the United States. After that, the compan...
The high volatility in the stock is attributed to several comeback attempts, corporate developments, associated recommendations by analysts, and competitor developments. In April 2010, RIM acquired the real-time operating system QNX, which formed the basis of the BlackBerry Tablet OS. The BlackBerry Playbook tablet was introduced on the QNX platfor...
In its current iteration, BlackBerry Limited is a provider of cybersecurity and Internet of Things (IoT) services, having effectively given up on smartphones as a business. On April 3, 2024, the company issued fiscal year (FY) 2024 total revenue of $853 million, with IoT revenue of $815 million and cybersecurity revenue of $280 million. Q4 fiscal 2...
BlackBerry is an example of the big risks associated with the highly dynamic technology sector. None of the industry rankings, predictions, or recommendations seems to fit the BlackBerry stock play. Long-term investors have been burned, while only a few traders may have made money on the wide swings. Unless confirmed news of solid acquisition or pa...
Apr 1, 2022 · Shares of BlackBerry Limited ( BB -3.51%) were falling today after the company reported its fourth-quarter results. While BlackBerry beat analysts' consensus estimate for earnings, revenue fell ...
Aug 12, 2013 · Six years later, BlackBerry’s stock is worth just over ten dollars a share, and on Monday it announced that it has formed a “special committee” to explore ways to sell the company or form...
Oct 5, 2021 · Shares of Blackberry (BB-0.25%) were down 14.3% in September, according to data from S&P Global Market Intelligence. The company, which used to make mobile phones but has recently transitioned to...
- Brett Schafer
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Mar 7, 2022 · BlackBerry stock lost ground due to analyst coverage and sell-off pressures impacting the broader market. Motley Fool Issues Rare “All In” Buy Alert. NYSE: BB. BlackBerry....
