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BBRY has a market cap of ~4B, and 1.5B in cash still. So really they are being picked up for practically nothing. Edit: Make that 2.6B in cash apparently (as t
by recuter 13y ago
BBRY has a market cap of ~4B, and 1.5B in cash still. So really they are being picked up for practically nothing.
Edit: Make that 2.6B in cash apparently (as the article says).
- bdc 13y agoBBRY Market cap today: $4.3 bn Cash: "about $2.6 bn in cash" Patents: "estimate [...] between $1 bn and $3 bn" That leaves not a whole lot of value in the company's other assets after the cash and patents - their personnel, supply chains and branding are valued at almost zero in the market. I'm kind of amazed by that.
- kamkazemoose 13y agoMaybe they have some other debts to balance out their assets?
- abrahamsen 13y agoAccording to the article, no. > BlackBerry is sitting on about $2.6 billion in cash and has no debt,