Tech Gist

Blackberry Is Back In The Game: Stock Sees Increase

Whatever research work and marketing Blackberry did has finally paid off. According to CNBC, BlackBerry’s stock jumped 6% to $8.28.7 in their last earning report.
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However, Revenue fell to $548 million, but still beat analyst estimates of $489 million.  There was also a growth in the company’s  software and services revenue. Another interesting fact is that the Blackberry PRIV has been received so well even beyond expectation.
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According to John Chen:

“To sustain our current direction, we are stepping up investments to drive continued software growth and the additional PRIV launches,”

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Hopefully, with more push, their revenue will also see an increase.

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7 comments on “Blackberry Is Back In The Game: Stock Sees Increase

  1. KingAbsolute says:

    Congrats to them

  2. Osakwe tochukwu says:

    Congrats john chen and bb coy…u guys made a very nice android device

  3. Interesting,
    We wish dem well Sha…
    D phone no go make sense till e get double sim.

  4. KyLe West says:

    Till dey went android….dey never made progress. #Android is the winning team….heheh

  5. ỌBÁDÁRÀ says:

    … Well, I know going android will help them progress. But really, blackberry need to work on the following : weight, battery, thickness, incremental upgrades, colour options and others like fast charging, usb type, memory options…

  6. FELIX says:

    Not suprised though.. Despite i’m not a BB user, i knw they cant just close their company overnight

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