05-07-2016 19:56
BlackBerry to stop making Classic smartphone, stock weakens
By Alastair Sharp TORONTO (Reuters) - Smartphone pioneer BlackBerry Ltd will stop making its Classic model, the company said on Tuesday, some 18 months after launching the device it had hoped would entice users who prefer a physical, rather than touchscreen, keyboard. Blackberry's move is the latest shift away from its money-losing handset business and toward its software. "The news is another negative for this handset business," said Morningstar analyst Brian Colello.
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