If You Invested $10,000 in BlackBerry in 2008, This Is How Much You Would Have Today
's (NYSE: BB) stock closed at its all-time high of $147.55 on June 19, 2008. Back then, the Canadian tech company was still known as Research in Motion, and its BlackBerry handsets controlled about 40% of the U.S. smartphone market and 20% of the global smartphone market.
But 15 years later, BlackBerry no longer produces smartphones. It lost that market to Apple (NASDAQ: AAPL) and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, which rendered its keyboard devices obsolete with a new generation of touchscreen phones. Instead, it's now a company that generates most of its revenue from cybersecurity software, Internet of Things (IoT) software, and patent licensing fees.
Image source: Getty Images.
Source Fool.com
BlackBerry Ltd. Aktie
2,12 €
-0,09 %
Bei der Aktie stehen derzeit 1 Sell-Einschätzungen 1 Buy-Einschätzungen gegenüber. Ein echtes Sentiment ist noch nicht auszumachen.
Das Kursziel von 1 € für BlackBerry Ltd. deutet auf einen Rückgang von über 50% vom aktuellen Kurs von 2.12 € hin.
