According to CNN, shares of BlackBerry (BB) were up in early trading Wednesday after the company reported earnings and sales that topped forecasts, led by growth in its software and services business.
Questions:
1. Why is this such big news?
2. How is the company making a big bunch of their money?
3. What has the company done with its production of BlackBerry-branded phones?
Source:
La Monica, P. (2018). BlackBerry’s software bet continues to pay off. CNN-Money.com, March 28 (Retrievable online at http://money.cnn.com/2018/03/28/investing/blackberry-earnings/index.html)