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 has withdrawn from the mobile phone market and began to focus primarily on providing software and security solutions to enterprises.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.
Blackberry's revenue from fiscal year 2004 to 2024 (in million U.S. dollars)*
* For Blackberry the financial year ends in early March or late February of the respective year. For example the 2018 financial year ended on February 28th, 2018.
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BlackBerry. (April 4, 2024). Blackberry's revenue from fiscal year 2004 to 2024 (in million U.S. dollars)* [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/266240/global-revenue-of-rim-since-2004/
BlackBerry. "Blackberry's revenue from fiscal year 2004 to 2024 (in million U.S. dollars)*." Chart. April 4, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/266240/global-revenue-of-rim-since-2004/
BlackBerry. (2024). Blackberry's revenue from fiscal year 2004 to 2024 (in million U.S. dollars)*. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/266240/global-revenue-of-rim-since-2004/
BlackBerry. "Blackberry's Revenue from Fiscal Year 2004 to 2024 (in Million U.S. Dollars)*." Statista, Statista Inc., 4 Apr 2024, https://www.statista.com/statistics/266240/global-revenue-of-rim-since-2004/
BlackBerry, Blackberry's revenue from fiscal year 2004 to 2024 (in million U.S. dollars)* Statista, https://www.statista.com/statistics/266240/global-revenue-of-rim-since-2004/ (last visited September 20, 2024)
Blackberry's revenue from fiscal year 2004 to 2024 (in million U.S. dollars)* [Graph], BlackBerry, April 4, 2024. [Online]. Available: https://www.statista.com/statistics/266240/global-revenue-of-rim-since-2004/