BlackBerry was once a leader in the cell phone market, but it fell victim to the revolution brought by Apple and Android devices. However, it has found success in the software and cybersecurity industry. In its first fiscal quarter, BlackBerry recorded revenues of $144 million, exceeding analysts’ estimates, and its short-term profitability projection is improving. Its products include BBMe, a secure communications offering that runs on various operating systems, as well as a suite of solutions under the Cylance brand for prevention, detection, and response to cybersecurity incidents. BlackBerry has clients around the world who rely on its services.
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