Monday, April 04, 2016 8:23:39 PM
6) Even if Priv doesn't pan out, the company made strong acquisitions in other areas. It's not the phone company that is in the so-well branded minds of the consumer. They are flying under the radar with great new tech companies that many people don't understand. Many analysts want them to dump hardware and focus on a quick path to profits in software. So Priv is going to be a great branding model that is profitable, or it's going to put them on a fast track to profits in its failure. Either way, the future is bright.
QUARTERLY REPORT: Chen still sees profit as early as September of this year. So the company may or may not dump Priv. The verdict is not in yet. Nothing changed here.
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Dated 4-4-16
http://www.cantechletter.com/2016/04/blackberry-hardware-exit-really-drive-profitability-says-cormark/
Cormark analyst Richard Tse hammers this point home with these two excerpts:
1) "Tse says he believes a BlackBerry hardware exit could potentially drive $0.60-0.80 in EPS."
2) "In a research update to clients today, Tse maintained his “Buy (Speculative)” rating and one-year target price of (U.S.) $11.00 on BlackBerry."
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