BlackBerry QNX Technology Now Embedded in 120 Million Vehicles on the Road Today , TU-Automotive Detroit - NOVI, MI – June 6, 2018 – BlackBerry Limited (NYSE: BB; TSX: BB) announced that its QNX software is now embedded in 120 million cars1 that are on the road today. Automotive OEMs and tier ones use BlackBerry QNX technology in the advanced driver assistance systems, digital instrument clusters, connectivity modules, handsfree systems, and infotainment systems that appear in car brands, including Audi, BMW, Ford, GM, Honda, Hyundai, Jaguar Land Rover, KIA, Maserati, Mercedes-Benz, Porsche, Toyota, and Volkswagen. MORE: http://blackberry.qnx.com/en/news/release/2018/7111
Facts: 120 million cars has installed QNX now including top brands such as Audi, BMW, Ford, GM, Honda, Hyundai, Jaguar Land Rover, KIA, Maserati, Mercedes-Benz, Porsche, Toyota, and Volkswagen.
2. Growth rate for past 2 years has been at 100% total from 60 million cars to 120 million cars in 2018.
3. Total Revenue has decreased since 2016 (2.16 Billion usd) , 2017 (1.30 Billion usd) , 2018 January - June (923 million usd)
4. The vast majority of QNX software products that are integrated and used in automotive ECUs are licensed on a per-unit royalty basis.
Analysis: Revenue has decreased due to change of business plan from Phones to Cars. The blackberry QWERTY phone manufacturing and selling has been licensed to TCL computers(of China) , profit margin will most likely be 10% royalty fee. 120 million cars is quite a lot installed with QNX with the best brands installing QNX has the auto operating system.
Conclusion: Could be monopoly in the making. Buy BB