43
submitted 4 months ago by grte@lemmy.ca to c/canada@lemmy.ca
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[-] baines@lemmy.cafe 5 points 4 months ago* (last edited 4 months ago)

lol no

Following a years-long restructuring effort that included selling 32,000 patents for up to $900 million in 2023, the smartphone pioneer that was once left for dead is showing signs of growth

with that kinda money it could have just sat in the stock market

it made 53 million lololol

[-] No_Maines_Land@lemmy.ca 1 points 4 months ago

What's rhe value proposition of sitting in the stock market?

[-] baines@lemmy.cafe 1 points 4 months ago* (last edited 4 months ago)

more than 53 mil from over 900 mil

with enough money 10% is easily safely assured dividends, bonds etc

with the current stupid market 30% would have been pretty easy 3year, my return’s been over 20% with rather conservative target retirement and some large cap

hell 2026 was the first year of profit so two years were not so 53mil profit is like 2% rolling

you can make that in a savings account and spread out that is fdic insured

[-] No_Maines_Land@lemmy.ca 1 points 4 months ago

Yes, but that doesn't provide any products or services to anybody.

[-] baines@lemmy.cafe 1 points 4 months ago* (last edited 4 months ago)

don’t get me wrong i hate the stock market and its vibes and capitalism can eat a dick

my issue was with this obvious hype piece claiming bb is doing well

the market share sounds impressive but it had capitol falling out if its ears and until its numbers are consistent and better i’m sure as shit not investing money in them

this post was submitted on 27 Jun 2026
43 points (100.0% liked)

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