New BlackBerrys fail to impress Wall Street as concerns linger
BlackBerry's splashy launch of two well-received smartphones wasn't enough to halt a weeklong slide in its stock.
Shares are down 6.7 percent to $12.86 in morning trading. In total, BlackBerry has lost more than a quarter of its market value over the last four days.
While there seems to be universal acknowledgement that the newly introduced BlackBerry Z10 and Q10 smartphones represent a massive improvement over old BlackBerrys, there remains some disappointment with yesterday's announcement. More importantly, there also is a persistent concern that BlackBerry may have arrived too late with its last-ditch effort to … Read more