Coming off an earnings release, shares of BlackBerry (BB 2.21%) seem to be showing signs of life. The company reported a 10% boost in its gross profit margin by selling 6 million BlackBerry devices, which 1 million were of the BlackBerry 10 variety. However, aggregate subscriber growth still remains an issue for the company. In this video, Motley Fool contributor Steve Heller discusses the report and what he'd like to see before calling shares a long-term buy.
It's Still Too Early to Call BlackBerry a Winner
By Steve Heller
-
Apr 9, 2013 at 6:00PM
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NYSE: BB
BlackBerry
Market Cap
$3B
Today's Change
(2.21%) $0.13
Current Price
$6.01
Price as of May 19, 2022, 8:00 p.m. ET
Although BlackBerry may be showing signs of life, it might be premature to call it a long-term winner.
Stocks Mentioned
BlackBerry
BB
$6.01
(2.21%)
$0.13
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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