HWZBB

The only BlackBerry community you will want to be in Singapore. Singapore BlackBerry users, unite!

HWZBB - The only BlackBerry community you will want to be in Singapore. Singapore BlackBerry users, unite!

Goldman Sachs resumes BlackBerry (Stock) Coverage

As of last Friday, Blackberry’s share price has risen over 37% since the start of the year, and the stock fetched a multiple of 4 times NTM EV/Sales. However, that has not stopped Goldman Sachs from giving BlackBerry a Sell rating and 10% downside to its price target of $8.50. BlackBerry has a 52-week trading range of $6.65 to $11.74 and a consensus analyst price target of $9.60. Continue reading

BlackBerry Releases Year-End and Q4 Fiscal 2017 Results

Earlier today, BlackBerry released their latest fiscal results – their Year-End and Q4 fiscal 2017 results. In short, their Non-GAAP revenue for the fourth quarter of fiscal 2017 was $297 million with GAAP revenue of $286 million. Approximately 80% of the fourth quarter Software & Services segment revenue (excluding IP licensing and professional services) was recurring. BlackBerry had over 3,500 enterprise customer orders in the quarter. Continue reading

WhatsApp Official Support for BBOS and BlackBerry 10 Extended

Earlier this year, WhatsApp (by FaceBook) decided to drop support for all BlackBerry devices running BBOS and BlackBerry 10. However, that said, they have now officially extended the life of the app till June 30 2017. You might be still receiving the annoying blackmailing message from WhatsApp threatening to cut off service on 31 December, but it should be updated soon. Continue reading

BlackBerry Announces Q2 Fiscal 2017 Results

Earlier today, BlackBerry released their latest quarter fiscal results which is the Q2 Fiscal 2017. In overview, BlackBerry has a reported Non-GAAP total revenue of $352 million, GAAP revenue of $334 million. Non-GAAP software and services revenue of $156 million, GAAP software and services revenue of $138 million. As far as devices sales goes, BlackBerry has sold 400,000 units. Continue reading