Depending on how you look at it, things could be either good or bad at Canadian tech turnaround story BlackBerry (NASDAQ:BBRY). Thus far in 2014, BlackBerry stock has surged by an impressive 32%.
However, zoom out and you'll see that BlackBerry stock is sitting firmly in the red, down 30% over the past 12 months. BlackBerry's chances of survival in present and emerging tech markets against the likes of Apple (NASDAQ:AAPL) and Google certainly seem far-fetched. So why the upswing this year?
How BlackBerry got its groove back
Under new CEO John Chen, BlackBerry has made all the right moves, deleveraging its financial results from its mobile-phone business that's dying in plain sight against Apple's iPhone and Google's Android empire.
However, getting a true sense of just how viable a place BlackBerry can carve out in its new verticals has proved challenging since Chen first announced BlackBerry's reformation last year. For instance, BlackBerry's QNX currently dominates the in-car infotainment space, with software like Apple's CarPlay relying on QNX to a large degree. However, with Apple and Google both looking to make inroads in emerging technology verticals, it's hard to gauge how BlackBerry's turnaround will play out in the years ahead, as tech and telecom specialist Andrew Tonner discusses in the following video.
How you can cash in on the coming wearables revolution
Apple recently recruited a secret-development "dream team" to guarantee that its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are even claiming that its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts that 485 million of these devices will be sold per year. But one small company makes this gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and to see Apple's newest smart gizmo, just click here!
Andrew Tonner owns shares of Apple. The Motley Fool recommends and owns shares of Apple and Google (A and C shares). Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.