BlackBerry Forums Support Community
              

Closed Thread
 
Thread Tools
Old 12-20-2017, 12:39 PM   #1
NorFoster
Knows Where the Search Button Is
 
Join Date: Aug 2017
Model: 7105T
PIN: N/A
Carrier: Sprint
Posts: 39
Default Third Quarter revenue drops, but profit beats estimates

Please Login to Remove!

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?

Last edited by NorFoster; 12-20-2017 at 12:41 PM..
Offline  
Old 12-20-2017, 03:14 PM   #2
NJBlackBerry
Grumpy Moderator
 
NJBlackBerry's Avatar
 
Join Date: Aug 2004
Location: Somewhere in the swamps of Jersey
Model: SGS7
Carrier: Verizon
Posts: 27,948
Default 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.
Offline  
Old 12-20-2017, 09:39 PM   #3
tsac
BlackBerry God
 
tsac's Avatar
 
Join Date: Mar 2005
Location: Others run out when we run in
Model: Z10
OS: Cheerios
PIN: No Pin just a Tack
Carrier: at&t
Posts: 10,030
Default 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.
__________________
Z10 on BES
Z10 on BIS

Last edited by tsac; 12-20-2017 at 09:45 PM..
Offline  
Old 06-20-2018, 03:11 AM   #4
dTech
Knows Where the Search Button Is
 
Join Date: May 2018
Model: Class
PIN: N/A
Carrier: None
Posts: 19
Default Re: Third Quarter revenue drops, but profit beats estimates

Agree with NJ

Last edited by dTech; 06-20-2018 at 03:13 AM..
Offline  
Old 06-20-2018, 11:50 AM   #5
tsac
BlackBerry God
 
tsac's Avatar
 
Join Date: Mar 2005
Location: Others run out when we run in
Model: Z10
OS: Cheerios
PIN: No Pin just a Tack
Carrier: at&t
Posts: 10,030
Default Re: Third Quarter revenue drops, but profit beats estimates

Blackberry stock as of today is 12.04 almost no movement.
__________________
Z10 on BES
Z10 on BIS
Offline  
Old 06-22-2018, 07:06 AM   #6
dTech
Knows Where the Search Button Is
 
Join Date: May 2018
Model: Class
PIN: N/A
Carrier: None
Posts: 19
Default Re: Third Quarter revenue drops, but profit beats estimates

Quote:
Originally Posted by tsac View Post
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.
Offline  
Old 06-22-2018, 01:54 PM   #7
NJBlackBerry
Grumpy Moderator
 
NJBlackBerry's Avatar
 
Join Date: Aug 2004
Location: Somewhere in the swamps of Jersey
Model: SGS7
Carrier: Verizon
Posts: 27,948
Default Re: Third Quarter revenue drops, but profit beats estimates

And you live in the past.

Stock down to $10.74.
Offline  
Old 06-22-2018, 03:01 PM   #8
tsac
BlackBerry God
 
tsac's Avatar
 
Join Date: Mar 2005
Location: Others run out when we run in
Model: Z10
OS: Cheerios
PIN: No Pin just a Tack
Carrier: at&t
Posts: 10,030
Default Re: Third Quarter revenue drops, but profit beats estimates

closed at 10.68
__________________
Z10 on BES
Z10 on BIS
Offline  
Old 06-22-2018, 07:00 PM   #9
NJBlackBerry
Grumpy Moderator
 
NJBlackBerry's Avatar
 
Join Date: Aug 2004
Location: Somewhere in the swamps of Jersey
Model: SGS7
Carrier: Verizon
Posts: 27,948
Default 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.
Offline  
Closed Thread


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads for: Third Quarter revenue drops, but profit beats estimates
Thread Thread Starter Forum Replies Last Post
BlackBerry Announces Prelim Fiscal Reports ZombieBerry BlackBerry In the News 6 09-24-2013 03:33 PM
Research In Motion Reports Fourth Quarter and Year-End Results for Fiscal 2008 sprat BlackBerry In the News 5 04-12-2008 12:17 AM
RIM's Profit, Sales Double Amid BlackBerry Demand NJBlackBerry RIM Stock/Legal Discussion 7 01-29-2008 08:40 AM


Dec/Adac Corp. D4-10390 Rev 6 Model 1664ATTL Output Pulse Board 1983 (B16) picture

Dec/Adac Corp. D4-10390 Rev 6 Model 1664ATTL Output Pulse Board 1983 (B16)

$189.99



Niedermaier vintage Mannequins Visual Display Props Dec. 1991 Catalogue picture

Niedermaier vintage Mannequins Visual Display Props Dec. 1991 Catalogue

$141.00



VINTAGE Bruker Board DEC W4P3042 for SpectroSpin 250 picture

VINTAGE Bruker Board DEC W4P3042 for SpectroSpin 250

$79.99



Adec Vintage Adjusting Dentist Doctor Medical Stool Rolling Swivel Chair picture

Adec Vintage Adjusting Dentist Doctor Medical Stool Rolling Swivel Chair

$199.99



HSS 12pcs Valve Seat & Face Cutter 45dec 30dec 20dec for Vintage Car, Bikes ,Jee picture

HSS 12pcs Valve Seat & Face Cutter 45dec 30dec 20dec for Vintage Car, Bikes ,Jee

$235.94



House of Doolittle Recycled Vintage Desk Pad Calendar 22x17 Sepia Jan-Dec 2024 picture

House of Doolittle Recycled Vintage Desk Pad Calendar 22x17 Sepia Jan-Dec 2024

$26.42







Copyright © 2004-2016 BlackBerryForums.com.
The names RIM © and BlackBerry © are registered Trademarks of BlackBerry Inc.