You heard it! Blackberry is coming back! Nope, it cannot beat Apple nor can it be any of the android devices. Heck, it already lost the retail phone competition. However, it has secured its place in enterprise mobile technology. Blackberry is the only phone company that has worked with the United States government to create a secure mobile network. It also has partnered with Fortune 500 companies, banks, and other public agencies to secure their network: citi, MetLife, ADP, Whirlpool, ING, Los Angeles County Sheriff, pwc, etc.
This model is definitely not as flashy as their retail phone business but businesses will give much bigger contracts and that means pay money to get a safe, secure, and reliable network for their company.
The Blackberry Enterprise 10 network is a full device management for iOS, Android, and Blackberry. It’s definitely a small niche market but many companies do not have the infrastructure to create their own secure mobile network. It will be much easier to use Blackberry’s own product to setup and utilize for their company.
Blackberry’s stock is currently at $6.08. It has a small uptrend forming from a low in the mid $5ish level. They also have a earnings report due out next week. I doubt we will hear anything good in the earnings but I’d be interested to hear what they plan to do for the next year. This is a risky investment but if it works out it will pay nicely.
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