BlackBerry, a Global Slide

A delayed regulatory filing said competition was robbing BlackBerry, the troubled smartphone maker, of customers in its final bright spot, the developing world -- The company attributed its slowdown in those markets to an increase in inexpensive phones based on Google’s Android operating system. But it also cited a factor behind its severe decline in the United States: the relative paucity of desirable software apps for its phones. (source infra)

BlackBerry Filing Describes a Global Slide - NYTimes.com: "The filing suggests that BlackBerry will still go ahead with its plans to lay off about 40 percent of its remaining staff, about 4,500 people, despite the Fairfax bid. The company indicated that it expected to post about $400 million in charges related to those layoffs during its current fiscal year, up from a previous estimate of $100 million."

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