See Our Complete Analysis For BlackBerry Trefis has an $8.40 price estimate for BlackBerry, which is slightly below the current market price. BlackBerry Services Subscriber Declines, BES 12 and EZ Pass Will Need To Yield Results BlackBerry services remain the company's most valuable business, accounting for about 54% of revenues and around 40% of the company's market capitalization, according to our estimates. The division has faced significant headwinds of late, with a subscriber base that has fallen from around 79 million in early 2013 to an estimated 50 million at the end of the last quarter. However, the company is counting on the loyalty of its large yet declining user base of government institutions and corporations, who value BlackBerry's reputation for cutting edge security and its proven mobile device management software, to stem the decline and drive growth going forward.