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Blue Chip Growth

Stock Report: BlackBerry Limited (BBRY) Report Updated: Oct 24, 2016 | Print This Page

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BlackBerry Limited (BBRY)

Rating: Sell Volatility: Moderate
Total Grade: D Industry: Technology Hardware Storage & Peripherals
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Company Profile

BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which include the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data. It also provides BlackBerry 10 smartphones; BlackBerry Enterprise Service (BES) 10 and BES 12, which are enterprise mobility management solutions; QNX software for embedded markets; cloud-based BlackBerry Internet of Things platform; and BBM, an instant mobile to mobile private messaging service. In addition, BlackBerry offers development platform that allows third party commercial and enterprise software developers to build and deploy custom applications to run on BlackBerry smartphones; products and technologies to third party developers, wireless carriers, and enterprise customers to develop, distribute, and manage these applications; and a suite of software development tools. Further, the company provides the BlackBerry Messenger Social Apps Platform; and push, payments, advertising, location, maps, analytics, and Scoreloop services, as well as repair and maintenance services. BlackBerry sells its BlackBerry wireless solutions through wireless communications carriers and third party distribution channels. It serves enterprise customers, principally in regulated industries and select vertical markets, including financial services, government, and healthcare. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada.