BlackBerry is betting its financial turnaround on the software unit, which primarily sells enterprise mobility management and secure communications software, as it looks to offset the impact of plummeting service access fee revenues and slow uptake of its flagship smartphones. The company has set an ambitious software revenue target of $600 million for FY'16, but it appears to be off to a slow start, as a bulk of its Q1 sales ($137 million) came from one-time patent licensing revenues, while its core software assets remained under-monetized.
Source Forbes - Markets http://ift.tt/1jb4yS4
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