Alexandra Borgeaud
Research expert covering cybersecurity and tech in Latin America
Get in touch with us nowRevenue of Blackberry worldwide 2004-2024
In its 2024 fiscal year, Canadian company BlackBerry recorded revenues of 853 million U.S. dollars. The company, previously known as Research in Motion (RIM), has transitioned from developing BlackBerry brand smartphones to enterprise software and services involving the internet of things.
Transitioning to the Enterprise of Things
In the past decade, BlackBerry has seen a significant decline in their revenue figures and share of the global and U.S. smartphone market. Under the direction of John Chen, company CEO since 2013, BlackBerry Ltd. has withdrawn from the mobile phone market and began to focus primarily on providing software and security solutions to enterprises. Now, most of BlackBerry’s revenue comes from its Cybersecurity business segment. Although it is still in the beginning stages of rebuilding profitability, Blackberry seems to be on a solid path rebuilding its core business.
Transitioning to the Enterprise of Things
In the past decade, BlackBerry has seen a significant decline in their revenue figures and share of the global and U.S. smartphone market. Under the direction of John Chen, company CEO since 2013, BlackBerry Ltd. has withdrawn from the mobile phone market and began to focus primarily on providing software and security solutions to enterprises. Now, most of BlackBerry’s revenue comes from its Cybersecurity business segment. Although it is still in the beginning stages of rebuilding profitability, Blackberry seems to be on a solid path rebuilding its core business.
