Don’t laugh or look in disbelief. BlackBerry is trading at a yearly high right now. Recognition that the company is no longer a smartphone supplier is helping the stock. BBRY Keyone: Revenue generator. Sort of:The company is a security software firm in the automotive (IoT) market. Look at QNX’s revenue progress in the last 7 years:Revenue 2010: $37M (when BBRY bought QNX from Harman). 2014: $100M on $3 per vehicle on 20M QNX units 2016: $180M (estimate). Colin Bird estimated $5 - $15 in royalties per vehicle on 36M QNX licenses Google and Apple are players in the OS Automotive but cannot compete on root-level security and the secure transport of data wirelessly. $BBRY, BlackBerry Limited / D Android Auto has apps that allow for tracking customers. But if a connected car does not need Android OS, running instead in a “virtualized” container, QNX’s moat cannot be challenged by Apple or Alphabet.