“BlackBerry shares slid Thursday on increasing signs that sales of Z10 failed to meet initial expectations,” Sue Chang and Saumya Vaishampayan report for MarketWatch.
“BlackBerry [BBRY -9.26%] shares slid more than 9% on a couple of reports pointing to a dismal Z10 launch,” Chang and Vaishampayan report. “‘We believe key retail partners have seen a significant increase in Z10 returns to the point where, in several cases, returns are now exceeding sales, a phenomenon we have never seen before,’ said analysts at Detwiler Fenton in a report.”
Chang and Vaishampayan report, “The most common complaints from customers are that the phone’s user interface and maps application are ‘unintuitive’ and that the device has a tendency to slow down after several hours, the analysts said.”
Read more in the full article here.
MacDailyNews Take: DCW. Won’t be long before we can finally drop the “W.”
[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]
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