BlackBerry profit beats on higher fee from licensing, patented tech

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BlackBerry profit beats on higher fee from licensing, patented tech
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BlackBerry Ltd's quarterly profit topped analysts' estimates on Friday...

Visitors attend the Blackberry booth at the Mobile World Congress in Barcelona, Spain February 25, 2019. REUTERS/Rafael Marchante

The company, which dominated the smartphone market nearly a decade ago before losing out to Apple Inc’s iPhones and Android devices, has been trying to win investor confidence and make money by selling software to manage mobile devices to corporations and government agencies. The segment houses QNX software, which is used in more than 120 million cars worldwide, and allows carmakers to offer a range of features such as infotainment, connectivity, in-car network security, advanced driver assistance system and over-the-air software update platform.

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