Blackberry – Gump’s New Fruit Company

Blackberry is no longer a hardware company. The reorganization of the business has resulted in the emergence of three major business segments: 1) Software and Services, 2) Mobility Solutions, and 3) Service Access Fees. A little under 25% of the Q3-17 revenues came from each of the latter two segments, more than half of the revenues in Q3-17 came from the Software and Services segment. Their QNX business falls under the Software and Services category, and this is the business segment that’s getting me excited. Please click here for a detailed analysis.