BlackBerry (BBRY) Suppliers on Watch (IDCC) (JBL) (CLS)
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Shares of BlackBerry (Nasdaq: BBRY) were hit pre-market after the handset maker reported disappointing Q1 results and guidance. Shares traded down 19%. Amid the carnage, investors are watching key BlackBerry suppliers.
BlackBerry suppliers include InterDigital, Inc. (Nasdaq: IDCC), which draws 14% of its revenue from BlackBerry, according to Bloomberg Data. Other suppliers include Celestica Inc. (NYSE: CLS) and Jabil Circuit Inc. (NYSE: JBL), which earn 12% and 10% of their revenue from BlackBerry, respectively.
To a lesser extent, Freescale Semi (NYSE: FSL) and Marvel Technology (Nasdaq: MRVL) could be affected.
BlackBerry suppliers include InterDigital, Inc. (Nasdaq: IDCC), which draws 14% of its revenue from BlackBerry, according to Bloomberg Data. Other suppliers include Celestica Inc. (NYSE: CLS) and Jabil Circuit Inc. (NYSE: JBL), which earn 12% and 10% of their revenue from BlackBerry, respectively.
To a lesser extent, Freescale Semi (NYSE: FSL) and Marvel Technology (Nasdaq: MRVL) could be affected.
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