BlackBerry Passport owners on Rogers will now be able to update to OS 10.3.1.2576 (Software version 10.3.1.1779). According to the CrackBerry Forums and Twitter, Rogers has officially announced OS 10.3.1.2576 for Blackberry Passport owners.
Rogers rolls out updated OS for Passport
Older BB10 devices already received the updated version in late February, but for the Passport, it was delayed. The updated operating system has been in reports for quite some time now and surfaced many times for ShopBlackBerry- and Amazon-purchased devices. There are a lot of details about new and existing features, but broadly it is just an upgrade over earlier 10.3.1 builds that caused some software glitches for users.
Voss Capital is long Nintendo, Avid and Extreme Networks despite “Software bubble”
Voss Capital's Voss Value Fund was up 19.91% for the third quarter, while the firm's Voss Value Offshore Fund was up 19.88%. Both funds are now in the green for this year after erasing the damage that was done in March. Year to date, the Voss Value Fund is up 2.41%, while the Voss Value Read More
The Canadian smartphone maker is one of the most debated stocks in the mobile technology space. CEO John Chen has been impressive in justifying his image of being a turnaround CEO by setting a sense of direction by focusing on the core enterprise business, lowering costs and divesting assets. However, still a lot remains to be done.
Will software segment turn it around for BlackBerry?
BlackBerry’s revenue dropped from around $20 billion in CY2011 to under $4 billion in 2014. The service segment, in which BlackBerry 7 and older BlackBerry users pay a fee for accessing the system, is witnessing double-digit revenue declines each quarter, primarily due to subscriber attrition and the shift towards the company’s latest devices.
BlackBerry is also seeing its smartphone unit get weaker, with shipments dropping from over 50 million in 2011 to approximately 7 million units in CY2014. The software division is under pressure with a maximum responsibility of earning the most revenue for the company. BlackBerry Enterprise Server is the most popular product in the software segment, followed by other products such as the QNX embedded system software and BlackBerry Messenger. According to Forbes, the division contributes around 32% of the company’s stock price.
The Waterloo, Ontario-based company is working towards doubling its software revenue from under $250 million in the financial year 2015 to around $600 million in the financial 2016. However, the market remains cautious about the software segment, as previously the segment has been accounting for under 5% of total revenues.