A model holds the BlackBerry Z10 smartphone during the launch ceremony in Jakarta, Indonesia. Photograph: Mast Irham/EPA
Concerns that struggling smartphone company BlackBerry will not survive in its present form appear to be hurting sales of its new phones, both to businesses and retail customers.
Investment bank Morgan Stanley is delaying a multimillion pound contract to upgrade to BlackBerry’s latest smartphones amid concerns the company will not survive, according to the Bloomberg wire service, which quoted internal sources.
Meanwhile, industry sources in the UK say the new phones the touchscreen Z10, introduced in January, and keyboard-based Q10, which went on sale in April “haven’t exactly flown off the shelves”. In the US, the Wall Street Journal reported that carrier executives and US retailers called sales of the Q10 “dismal”, with one multi-store owner seeing virtually no demand.
Read also:
BlackBerry Ltd (BBRY) Executive Sees Break Up Ahead (ValueWalk)
BlackBerry 10 loses Morgan Stanley upgrade commitment insiders claim (SlashGear)
Morgan Stanley Not Upgrading to BlackBerry 10 (Bloomberg)
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