BlackBerry shares fall on bleak report of its latest phone sales

Sunday, May 26, 2013

BlackBerry shares fell more than five percent after Pacific Crest Securities issued bleak report on the sales performance of the latest BB smartphones, Z10 and Q10.

Both the smartphones have been launched recently with the latest Blackberry 10 OS and the company had lot of expectations from these two phones to give the required boost to the operations of the company. But the company seems to be getting no respite inspite of the decent hype at the time of launch of these phones.

James Faucette, an analyst at Pacific Crest stated in the report and even mentioned that the company may be forced to curtain production if the sales remain the same.

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