BlackBerry denies abnormally high return rate for Z10 phone
No, BlackBerry Z10 sales aren't falling off a cliff.
BlackBerry shares took a hit today after a few analysts criticized the tepid launch of the Z10 phone in the U.S., with one analyst claiming that the return rate was higher than the sales rate. Another said sales have dropped significantly at carrier stores.
BlackBerry, however, denied the claim, calling it "absolutely false." The company said the return rates in the U.S. and around the world have been in line or better than its internal expectations, as well as consistent with the return rates for other … Read more