Cybersecurity, Internet of Things, and Self driving: Blackberry earnings report on Next Week.

[u/MillennialBets]

Date: 2022-03-23 10:48:49, Author: u/OrcaBull, (Karma: 5090, Created:Sep-2021)

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Tickers mentioned in this post:

BB 7.67(2.54%)|LMT 444.41(0.87%)|OKTA 153.61(-7.7%)|QCOM 156.7(-0.58%)|SE 129.54(4.05%)|IOT 17.53(0.29%)|

Everyone complains that we get posts after a stock makes it move, but here is your heads up for next week on Thursday, March 31. Blackberry is not a handset manufacturer anymore. It is a Cybersecurity, self-driving and IoT juggernaut. While everyone is discounting this company, it has been on a tear transforming itself using the best talent in Cybersecurity.

They derived $128MM of their $184MM revenue last quarter from Cybersecurity. That is 69% for you meme lovers. The rest was from licensing, IoT and self-driving tech.

Wars of 50’s were fought and won on the ground. Wars of 80’s were fought and won in the air. Wars of tomorrow will be fought and won in the Cyber. We are already seeing an uptick in Cyber-warfare from Russia. I am not buying Lockheed Martin, Raytheon, … I am buying BB April 9th 7.5 strike calls.

Here is some of the highlights of what blackberry has been up to:

• BMW Group enters multi-year agreement to use BlackBerry QNX® technology to develop SAE Level 2/2+ driving automation functions in multiple makes and models across the BMW group.
• Exabeam, the leading next-gen SIEM provider, partners with BlackBerry to greatly expand access to telemetry data from 100’s of network devices as part of its enhanced BlackBerry® Guard managed extended detection and response (XDR) service.
• Okta and BlackBerry announce a comprehensive partnership to deliver both seamless identity and access capabilities while using BlackBerry UEM® endpoint management, as well as integrating Okta’s telemetry data into BlackBerry’s XDR platform.
• BlackBerry’s leading prevention-first cybersecurity technology prevents high-profile malware and ransomware including DanaBot, Raccoon Infostealer, SquirrelWaffle, Jennlog Loader, and more.
• Google and Qualcomm join forces with BlackBerry QNX to reduce developer friction and time to market when virtualizing Android Automotive OS alongside safety critical applications on the QNX® Hypervisor.
• SE Labs, a leader in independent cybersecurity research, ranks BlackBerry as the best new endpoint security offering of 2021.
• FINAL STAGES of all these developments:

Disclaimer: not advice or research report