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BlackBerry lives on

The Canadian company Blackberry, which was once very famous as the manufacturer of various types of Blackberry phones and whose products were among the must-buy options when users bought a phone, in the midst of increasing security threats, announced a surprising profit from the sale of cyber security services in the third quarter of this year. .

According to ReutersBlackberry’s profit is due to the constant cost of cyber security as businesses and governments are constantly trying to strengthen their security systems against hackers.

For example, in the past few months, several casinos and centers related to them faced unprecedented cyber attacks, as a result, such centers turned to companies such as Blackberry to upgrade their security systems.

It was in early December of this year that the Canadians scrapped their IPO plan for IoT business, but they don’t see it as the end of the story and still expect IoT and cybersecurity business to continue. Divide into completely independent sections.

In addition to the aforementioned, Blackberry intends to make different business units independent from each other to simplify the structure of its company. This will help the Waterloo-based company to be more profitable.

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While analysts had predicted an income equal to 173.5 million dollars for Blackberry for the third quarter of this year, the company was able to increase its income from 169 million dollars to 175 million dollars in the mentioned period.

BlackBerry expects revenue between $150 million and $159 million for the fourth quarter of 2023.

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