BlackBerry has pulled off something very rare. It has successfully changed it business model from a focus on smartphones to software after years of restructuring.
The company once known for it’s business minded smartphone now concentrates on building software for the automotive industry, cybersecurity and more.
The company beat analyst revenue forecasts and issued upbeat guidance, well above estimates. Executives at BlackBerry point to grow in cybersecurity and embedded software as key drivers.
BlackBerry future look bright, as it’s move to growth areas of the software industry is now complete.
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