The smartphone maker will hold invite-only "See The Bigger Picture" events in Toronto, London, and Dubai on September 24, where it will likely announce the BlackBerry Passport.
BlackBerry recently talked about the upcoming BlackBerry Passport smartphone on its Inside BlackBerry blog, though it hasn't announced availability for the phone yet. The 4.5-inch smartphone has a square 1440 x 1440 display, along with a physical keyboard. The phone is expected to have 32GB of storage space, a 13MP camera with optical image stabilization, and a 3,450 mAh battery.
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TheStreet Ratings team rates BLACKBERRY LTD as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate BLACKBERRY LTD (BBRY) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share."