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BlackBerry Awarded $800M in Arbitration Against Qualcomm
- richardboegli 10y agoOther coverage: Qualcomm [0] CNBC [1] Engadget [2] The Verge [3] CNET [4] PR Newswire [5] [0] https://www.qualcomm.com/news/releases/2017/04/12/arbitration-panel-awards-refund-blackberry https://www.qualcomm.com/news/releases/2017/04/12/arbitratio... [1] http://www.cnbc.com/2017/04/12/blackberry-awarded-815-million-in-arbitration-case-against-qualcomm.html http://www.cnbc.com/2017/04/12/blackberry-awarded-815-millio... [2] https://www.engadget.com/2017/04/12/blackberry-wins-815-million-in-dispute-with-qualcomm/ https://www.engadget.com/2017/04/12/blackberry-wins-815-mill... [3] http://www.theverge.com/2017/4/12/15270006/qualcomm-blackberry-arbitration-815-million-royalties http://www.theverge.com/2017/4/12/15270006/qualcomm-blackber... [4] https://www.cnet.com/au/news/blackberry-qualcomm-apple-award-case-licensing-royalty/ https://www.cnet.com/au/news/blackberry-qualcomm-apple-award... [5] http://www.prnewswire.com/news-releases/arbitration-panel-awards-refund-to-blackberry-300438550.html http://www.prnewswire.com/news-releases/arbitration-panel-aw...
- juice_bus 10y agoDid BlackBerry get awarded more in this arbitration than they have made selling devices? (Former RIM employee - this isn't a jab, genuine question)
- protomyth 10y agoGoing by their financials, no, they made more money selling devices over the years. This is actually less than a year's worth of profit back aways.
- juice_bus 10y agoThanks for checking!
- wjnc 10y agoTheir market cap went up 1.2B thanks to a .8B settlement. That's not really logical, is it?
- revelation 10y agoCompanies aren't valued by the gross sum of their assets minus liabilities. I guess it means they expect BB to generate more than 1.2B in value thanks to that .8B cash infusion.
- gremlinsinc 10y agoThink the bigger news might be blackberry is still in business..
- bgun 10y agoOne can only hope. More competition is always welcome, arguably now more than ever.
- heisenbit 10y agoIt seems like premium manufacturers are having a problem with Qualcomm's licensing and the FTC and courts are sympathetic. How much value is added by Qualcomm to a Blackberry or iPhone? My limited understanding is that every sold - even unrelated - feature added to the phone effectively included a tax to Qualcomm. It is a great business model until it isn't.
- nullnilvoid 10y agoBlackBerry is coming back (not to smartphone market which they lost completely), as a company. The stock price has been surging.
- JohnJamesRambo 10y agoWhat do they sell?
- kogepathic 10y agoMobile device management (MDM) software. Basically they tweaked BES to work with iOS/Android and are now selling it to enterprise as a solution for BYOD management.
- jplayer01 10y agoLawsuits.
- giarc 10y agoI don't think I would say it is "surging". It is up on this news, but if you remove the last 2 weeks it's unchanged since late 2015.
- revelation 10y agoWe [..] look forward to collaborating with Qualcomm in security for ASICs ?? BlackBerry is a mobile-native security software and services company dedicated to securing people ??? Can someone explain what BlackBerry think they are doing nowadays?
- ufoolme 10y ago(fairly sure) Blackberry still owns QNX, which is still very popular in high-security environments such as automotives.
- flamedoge 10y agolol.. > "BlackBerry and Qualcomm have a longstanding relationship and continue to be valued technology partners," said John Chen, Executive Chairman and CEO of BlackBerry. Continuation highly questionable
- emmp 10y agoThey've always had BES, and they bought Good Technology which was used by just about every big bank and Government/military agency. They've got a huge presence in orgs with regulated security requirements for mobile comms.
- Overtonwindow 10y agoThis should keep them going another year...