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Blackberry shares tumble after it posts losses

Blackberry’s stock plummeted recently losing $2billion of value after the smartphone maker posted shock losses. Blackberry recently joined the smartphone revolution with its own handset and while analysts expected the phone giant to post modest profits for the financial year, it instead announced a loss of nearly $170m, completely missing its sales targets. Blackberry has worked tirelessly over the last year and a half to open up its handsets for email usage and to be able to host popular apps like twitter and eBay. However, the new handsets, the Z10 and Q10 failed to live up to expected sales figures and instead only 2.72 handsets were sold in the first four months, which is a slight improvement on last...

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