Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Blackberry Share Price: Research In Motion – Here’s Why Shares Are Falling Today…It’s Not Pretty

Page 1 of 2

Blackberry Share Price: As of late, it does not seem that much is going right for Research In Motion Ltd (NASDAQ:BBRY). Day in and day out, there are reports that the company has hit another snag in its attempt to regain a larger portion of the smartphone market.

For a couple of examples of what has been going wrong with Research In Motion/BlackBerry, check out this piece here and this one here.

As of this is not bad enough, the company got some more bad news today.

BlackBerry Ltd (NASDAQ:BBRY)Bloomberg is reporting that Research In Motion Ltd (NASDAQ:BBRY) stock “fell the most in two weeks after analysts said sales of its new Z10 device are showing troubling signs.”

Although Research In Motion was hoping for big things out of the Z10, at this point sales have been disappointing to say the least.

In early trading Thursday, as of 10:10 a.m. in New York, BBRY shares dropped 5.6 percent to $13.85. Earlier in the day, it was down as much as six percent.

Even though Research In Motion Ltd (NASDAQ:BBRY) is pulling out all the stops, including spending more money on marketing to spread the word about its new operating system, nothing seems to be working.

After the launch of the Z10, things started to look bad. Now, the problem has gone from bad to worse. It is being reported by Detwiler Fenton & Co. that a growing number of customers are “returning their Z10s because they find the interface unintuitive.”

According to Detwiler Fenton, this has led to something that you don’t see very often (if at all):

“In several cases, returns are now exceeding sales, a phenomenon we have never seen before.”

BlackBerry has put a lot of stock in its new Z10, hoping that it will help get the company back on the right track. Over the past couple of years, BBRY has lost ground to competitors including Apple and smartphones that use the Google Android operating system.

With the new Research In Motion Ltd (NASDAQ:BBRY) Q10, complete with a QWERTY, making its way to market soon enough, the company has another chance to make up ground. The question is, can they do it?

Right now, things could not look any worse for Research In Motion Ltd (NASDAQ:BBRY). Shares are down, the Z10 is underperforming, and the competition is picking up the pace. What can the company do to break out of its funk?

Check out the stock’s crazy action on the next page:

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!