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Blackberry has $2.8 billion in cash in the bank, so price is $1.9 billion. Not bad for a huge set of patents
by dirkdk 13y ago
Blackberry has $2.8 billion in cash in the bank, so price is $1.9 billion. Not bad for a huge set of patents
- bsullivan01 13y agoIf they can stop the bleeding, which I suppose they will if their goal is to chop shop it. They'll fire another 30% and start shopping parts of BB
- jsz0 13y agoFirst step stop making $1B worth of devices no one wants to buy.
- jonknee 13y agoNot really, that's accounts receivable. They also have $3.4 billion in liabilities.
- kcg 13y agoNo, as of June 1 the company had $2.8B of cash, cash equivalents AND short-term investments (liquid securities). There's an additional $2.5B of accounts receivable on the balance sheet. You are correct that BBRY has $3.4B of current liabilities.