- Are BlackBerry's Struggles Causing A Cut In Production?
  • Are BlackBerry's Struggles Causing A Cut In Production?

    With BlackBerry recently announcing that they were "exploring strategic alternatives", speculation has run rampant on what the future of BlackBerry holds. This hasn't stopped the paid analysts, armchair CEO's and dime store guessers from throwing out their opinions on the whole drama that is currently BlackBerry.

    Analyst Peter Misek, from the investment banking firm Jefferies, says that BlackBerry has cut production of the BlackBerry Q10 and Z10 smartphones. The cuts that Misek speculates, may amount to 500,000 to 1,000,000 units a month. Even with the launch of the Q5 in Canada, sales of which Misek calls "disappointing", hasn't seemed to stem the slow sales.

    All is not bad news though. Juniper research, a United Kingdom based firm, says that BlackBerry is based to sell more cell phones than it did last year. They also say that BlackBerry will remain a "global player". Juniper however does temper those statements with the note that BlackBerry is losing market share worldwide, including traditional strong markets such as Indonesia and South Africa, to Apple and Samsung.

    What do you think of the news? Are the paid guessers right? Does this news make sense to you? Please let us know your thoughts in the comments below.

    Source: CBC

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