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 Ltd (BBRY)’s Passport:, Inc (AMZN)’s Best Selling Smartphone During Pre Black Friday Sales

BlackBerry Ltd (NASDAQ:BBRY)’s new ‘Passport’ smartphone received mixed reactions from consumers. So in order to pump up the sales of its new smartphone and regain the lost ground in phone business, BlackBerry has come up with a new tactics. Will BlackBerry’s new tactic work? A ‘CBCNews’ article discussed in detail about the tactics that BlackBerry Ltd (NASDAQ:BBRY) is planning to use to increase the ‘Passport’ sales.

BlackBerry, is BBRY a good stock to buy, Peter Misek, software sales,

BlackBerry Ltd (NASDAQ:BBRY)’s CEO John Chen announced on Monday that the ‘Passport’ Phone will also be available in two more colors, red and white in addition to the already available black colored model. On Monday, Canadian phone makers announced that they would pay up to $600 for people who opt to switch from iPhones to ‘Passport’.

Canadian phone users with iPhone 4s or newer versions become eligible to a trade-in value of up to $400 in addition to a $200 top-up from BlackBerry Ltd (NASDAQ:BBRY). It was slightly different for US users though. US users with latest iPhone 6 or iPhone 6 plus are eligible for highest trade-in value up to $400 and a top up of $150.

BlackBerry Ltd (NASDAQ:BBRY) also announced that only North American users are eligible for this offer and the traded iPhones must be in a good condition for the trade. BlackBerry Ltd (NASDAQ:BBRY) announced the details of the offer on its blog post stating that that users willing to trade their iPhones must purchase a new BlackBerry phone from either BlackBerry’s online shop or, Inc. (NASDAQ:AMNZ). They added that the user will get the trade-in value money only on a prepaid visa gift card, which will be mailed to the user within 6 weeks from the iPhone submission and proof for new BlackBerry phone purchase. They announced that the offer starts on 1 December and extends till 15 Feb 2015.

But, even before this offer kicks off, an ‘International Business Times’ article reported that BlackBerry Ltd (NASDAQ:BBRY)’s ‘Passport’ is topping Amazon’s charts as best-selling unlocked smartphone during  early ‘Black-Friday’ sales.

For ‘Black-Friday’ Sales the ‘Passport’ unlocked phone price was reduced to $499 from its original price of $699. A $200 discount offer provided by BlackBerry Ltd (NASDAQ:BBRY) to capitalize on the holiday season sales and pump up its sales. It is currently sitting top in the list of Amazon’s best-selling unlocked smartphone though.

Will the new trade-in offer persuade more Apple Inc. (NASDAQ:AAPL) consumers to buy BlackBerry Ltd (NASDAQ:BBRY)’s ‘Passport’ phone or will Apple come up with a new tactic to stop the user migration towards BlackBerry?

Disclosure: None

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.