8/10/2019 RSIF Analyst Application

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September 2012. Since then they have remained low, between $10 and $15 per share. Right now it is

back at pre-announcement levels, at $12 per share. Blackberry is now up 98% from yearly lows and only

7% below its high. 31 well-renowned Canadian and New York analysts predict the shares to fall only

$0.16 per share this year, compared to $0.47 last year. Last fiscal year, the hardware department was

making $2,5B loses, and therefore the Ottawa product research centre was shut down. Blackberrys

restructuring is over, and the company is stable again. Meanwhile, the service and software department

made a positive total revenue of $2.5B last year. The latest acquisition of Movirtu, which allows multiple

number on a device, complements the idea of Blackberry redesigning their hardware department and

going into wearable devices. Blackberry targets clients aware of secure mobile data and device

management. Blackberry Enterprise Services grew over a million activations earlier this year, especially

in India. The banking, insurance and healthcare services are a market in which Blackberry faces no

competition. Despite Blackberrys downfalls in the past, the success of their software systems and

restructuring of their hardware systems will lead to a progressive stock growth in the upcoming fiscal

year.