The news are not getting any better about our beloved company. Today, analyst Peter Misek said that BlackBerry will cut its production by another 10% as sales have slowed down and adaptation of the Q5 hasn’t been great.
Mr. Misek also said that ” We trim our handset shipment est from 5.5M to 5.0M (BB10 from 2.5M to 2.0M) and our rev est from $2.6B to $2.3B as high-end handset demand is weak.”
The news are indeed not good. Its sad to see the company fall to a new low. I hope we see a change for the better soon ..