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BlackBerry Ltd (BBRY) News: Dramatic Breakthrough, Disappointing Reports & Microsoft Corporation (MSFT)

Editor’s Note: Related tickers: BlackBerry Ltd (NASDAQ:BBRY), Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG)

Research in Motion Ltd. (BBRY)Head of BlackBerry’s PlayBook Tablet Is Leaving (WSJ)
A senior BlackBerry Ltd (NASDAQ:BBRY) executive who was in charge of the largely unsuccessful PlayBook tablet is leaving the company. David J. Smith, an executive vice president in charge of mobile computing, has resigned for personal reasons, a BlackBerry spokesman said. The move happened within the past few weeks, said a person familiar with the matter. The spokesman added that Mr. Smith “continues to come into work every day and is committed to working with BlackBerry Ltd (NASDAQ:BBRY) through a proper transition.” Mr. Smith couldn’t immediately be reached.

BlackBerry to engage women to develop apps (MyDigitalFc)
The makers of BlackBerry Ltd (NASDAQ:BBRY), the smart-phone that’s battling to find its own niche in the low-budget model space, are planning to tap India’s women power and make a dramatic breakthrough. The idea is to get women entrepreneurs to develop apps for the company and give them a gainful engagement too. The women will be picked from among those who have had to cut short their careers after a four-year or five-year stint but remain game for a second innings. “In India, we have seen that a lot of women are into science and technology, unlike in other countries.

BlackBerry, Microsoft cut prices to boost sales (DailyNewsEgypt)
Microsoft Corporation (NASDAQ:MSFT) and BlackBerry Ltd (NASDAQ:BBRY) have both announced their decision to reduce their prices in an attempt to increase sales. BlackBerry has cut the price of its Z10 phone to as low as $49 from $199 four months ago, while Microsoft Corporation (NASDAQ:MSFT) has dropped the price of its Surface RT tablet to £279 from £400 in the UK. In the US, the cheapest Surface tablet went down from $499 to $349. Both global companies face fierce competition with Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG) and Samsung on smartphones and tablets.

BlackBerry will bounce back (IVCPost)
BlackBerry Ltd (NASDAQ:BBRY) was said to be at the crossroads that would determine its future. Following its May quarterly earnings report, the smartphone company continued to bring panic among investors. The disappointing report was released after it posted a better-than-anticipated report for the quarter in February. BlackBerry Ltd (NASDAQ:BBRY)’s share used to be US$14 each but an analysis made last week stated that it dipped below US$10 per share. Conversely, after the shareholders’ meeting held on Tuesday, the price of BlackBerry Ltd (NASDAQ:BBRY)’ stock climbed to 3%. Experts speculated that CEO Thorsten Heins wowed the venture capitalists that made them jump on board and raise their shares in the corporation.

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