The Q3 2018 fiscal quarter will be reported by BlackBerry on the 20th of this month, and this is a great opportunity for BlackBerry to continue its trend of revenue and profit improvement. Last quarter, BlackBerry reported $ 249 million revenue in the quarter, while the previous quarter was $ 244 million, But after the declines in recent years it is a significant achievement.
In addition to BlackBerry reported a small gain in the last quarter, a figure no less significant. It is not clear whether the proceeds from the dispute against Qualcomm were counted but to know many if the earnings were counted was much greater.
BlackBerry continues to transform its software and services into its main revenue, with revenues in the first quarter accounting for 78% of revenues. Can BlackBerry reach 90% this quarter? If this will be another achievement and of course will allow the company to show profit.
In the past few months we have received announcements of numerous partnerships with automakers and companies in the automotive industry. BlackBerry is recognized as a very important company in the advancement of vehicles without drivers, and in their security. BlackBerry has positioned itself as a leader in the field of cyber, so that many companies that store parts and even provide advanced systems to the car manufacturers want the BlackBerry with them.
Another area where BlackBerry is not yet profitable is BlackBerry Radar, which is very important for BlackBerry even if you do not hear much about it. We hope to see the first signs of a large customer (international and not just local)
Once again, if BlackBerry beats its forecasts and presents a good quarter, it would stage another step towards the goal of becoming a giant company, this time not in the field of devices but in software. BlackBerry, which is responsible for what we call the BlackBerry Android OS, continues to develop its safe operating system environment in Android, which is likely to be on BlackBerry devices and perhaps in the future on other devices (probably not Samsung trying to push Tizen)