CEO Heins in the earnings call on additional paying services. Service fees will grow to a larger portion of total revenue over time.
"The areas we plan to leverage through our new service offerings include new services for our strong BlackBerry Messenger base, possible licensing of BlackBerry 10, the creation of cross platform offering, services that leverage BlackBerry's great highly engaged and sophisticated social media community, advanced security tools and additional enterprise services.
The composition of our services revenue model is evolving and you will hear more about these services as they are introduced. But make no mistake about it, we plan to stay in the services business and we are actively building and implementing strategies to support these initiatives in the future."
If revenue continues to plummet, it would be easy to see how fees will make a higher percentage if that revenue total. The company not so subtly has told you they are ok being a niche phone maker and are aiming for #3.
Keep in mind that BBRY used to ship 15 million devices per quarter. Now they ship how many?
Agreed. This is the buying opportunity of a lifetime. We are looking at a $30 stock by the end of the year. Let the shorts make us rich.. When they drive it down, we buy ... if Prem Watsa can hold Millions and Millions of shares at an average cost of $17 (he owns 10% of the stock), we can buy in the hundreds & thousands. He is Canada's Warren Buffett. He only buys after he thoroughly studies a company and knows it will succeed.
Sentiment: Strong Buy
the bashingtons have NOTHING to say but comparisons to the stock BEFORE it REVERSED. it WAS a great short, like 2 yrs ago. you all look so incredibly stupid still singing that song. wow good luck convincing ANYONE that this isnt a genuine turnaround story. first they would go BK, then they would never get a good phone out, then it would never sell, then they would never make profit, then they would 'only' sell several million, on and on...see a pattern here lol. then its not really a turnaround? anything the bashers have to say about anything that happened more than a year ago is COMPLETELY IRRELEVANT. (like they are)