BlackBerry is on the road to recovery

Rumors of BlackBerry's death may have been somewhat premature. The company just revealed its latest financial results, showing significant profits. The former smartphone giant posted a stronger-than-expected second quarter, after, according to BlackBerry, its "complete transformation to a software company." The company reported a Q2 profit of $19 million, with its shares rising seven percent in Thursday premarket trading. Analysts expected BlackBerry to "break even" on revenue. "We achieved historical highs in total software and services revenue and gross margin, as well as the highest non-GAAP operating margin in over five years, reflecting our complete transformation to a software company,"… [Continue Reading]