Oh I was wondering who the other XIT holder was...😀I have some exposure to BB because I hold XIT for Canadian tech
Apple Carplay and Android Auto are fine if all you want to do is play tunesBlackberry bought QNX like a decade ago and have little to show. Nowadays everyone wants Apple Carplay or Android Auto.. so QNX is basically a car OS for climate control
It's far more than that. It's like saying "an iPhone is great if all you want to do is play tunes"Apple Carplay and Android Auto are fine if all you want to do is play tunes![]()
You can download and save maps. I do it all the time.iPhones or Androids themselves do of course do more than play tunes without need for Carplay/Android Auto. I looked up what Android Auto adds: android auto features - Bing . Or Android Auto: What It Is and How to Use It (lifewire.com) . Not much really if car already has many of the features built in.
As a dotnet_nerd, I am sure you have a data plan. Not all of us do. Maybe you can advise if Android Auto can provide navigation using pre-downloaded maps if it does not have a data connection? If so, it would save us from updating mapping on our Subaru when our 3yr map updates end. I have used downloaded Google maps on the phone itself on our older cars.
I don't think it's specific to BB...BB is undergoing some professional pump and dump. There is enough bits and pieces around the company to make it look good, but really we are talking about a company struggling to transition and that ultimately has been seeing revenue slumps here.
But if you take a valuation metric applied to nosebleed technology companies and apply it to Blackberry, you can pretty much come up with any number you would like. 10 times revenue? How about 20 times revenue? 50 times revenue! <rocket emoji>
As well as several other positives that I mentioned in post #11 above.BlackBerry settled their patent dispute with Facebook.
Investing in tech startups is a gamble. Most tech startups aren't as big as BB.This is now more like a startup tech company. Those with negative comments above should rater compare with similar sized tech companies who don't have the store of patents that BB has.
This is typical of expensive tech stocks. Blackberry is being purchased on speculation of future growth. While stocks are forward looking and this is fine, it is fascinating to see how little substance is required these days to shoot companies to the moon. It is totally typical of the 2000 era. Stocks get priced at levels at which there is very little hope of future return even if everything works out, which it will inevitably not for everyone in every area.This is now more like a startup tech company. Those with negative comments above should rather compare with similar sized tech companies who don't have the store of patents that BB has.
This is a recent review that covers most bases: BB Stock: BlackBerry Squeezes the Shorts - CNA Finance
By the way, I wouldn't buy more BB myself (too speculative for me). But I will be interested to watch how they do as EVs, cloud monitoring and self driving become more commonplace.