Although still producing cellphones, BBRY has shifted its focus on software development and is working on integrating their software into autonomous vehicles, medical devices, etc. Blackberry CEO, John Chen, stated in late 2015 that their OS is compatible with both the Google car and the Apple car strategy. Apparently Apple has recently purchased space in Kanata, which is where Blackberry's QNX software system is located. I would assume that a partnership with either Apple or even Google would be a nice catalyst for BBRY.
Currently BBRY is trading at $7.96 and its been a bumpy ride the last several months, but I believe that this company has a lot of potential in the near future despite its downfall within the last decade.
What do you guys think of this one?
Submitted March 10, 2016 at 04:52PM by ando818 http://ift.tt/24Ufx5Z
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