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Sep 23, 2021
[2 min Read]
My fellow APES, here is my post earnings analysis for $BB BlackBerry. It's time to wake up the Sleeping Giant and UNLEASH THE BEAST!!! ✊
This opportunity is like buying $AMD sub $2 before SU BAE took the stock to $100! 😍
Earning Results: (Beat on top line + Beat on the bottom line + Raised Guidance)
BlackBerry revenue of $175M beat consensus by $11M, with Cybersecurity beating by $3M, IoT beating by another $3M and Licensing beating by $5M. Shares have been up 8-10% after hours. I personally can't remember the last time BlackBerry had a revenue beat.
Patent Sale Date:
John Chen on the conference call said price has been decided and 80% chance the rest gets closed/announced before the end of this quarter (before year end)
What's interesting is that he said he's got other buyers lined up and that the current company (or companies) had exclusive negotiating rights
With billions being thrown around in this space, he's going to get a VERY good price for his IP (Intellectual Property)/licensing
This is awesome!
IVY + Amazon (IoT and the Connected Car):
IVY Beta will be available October 2021 which is much sooner than expected and will have embedded battery efficiency and Payment platform Apps
PAPA Chen delivering on QNX software in 24/25 of the leading OEM EV car companies (lol i'm assuming the last one is Telsa? partnership incoming?):
BlackBerry hired John Giamatteo from McAfee to lead BlackBerry's cyber security business unit:
Chart looks like a "Gap and TRAP" short squeeze in the short term, and over the medium term we have the Facebook patent sale/partnership news catalyst coming before the end of the year:
BlackBerry still SEVERELY undervalued compared to competitors and has so much upside:
Conclusion = As Aunt Cathie said "I LOVE THIS SET UP" (Buy BlackBerry!) 🚀