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BlackBerry Cancels Two Phones Before Release

By DMO Affiliate
BlackBerry had to cancel more than its conference this year. Fearing poor sales, the beleaguered company also had to cancel two phones that were still in development. "The company also made the decision to cancel plans to launch two devices to mitigate the identified inventory risk," reads BlackBerry's third-quarter earnings report published Friday. The company last week reported third-quarter losses of $4.4 billion and said it sold only 1.9 million smartphones last quarter, a sharp decline from the 3.7 million the previous quarter.
BlackBerry Cancels Two Phones Before Release

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