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BlackBerry filing shows that company is falling apart everywhere in the world

Published Oct 2nd, 2013 5:00PM EDT
BGR

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When BlackBerry 10 first rolled out, many believed that the platform could be successful even if it never caught on in the United States as long as BlackBerry customers in other countries snapped up the new devices. But The New York Times reports that BlackBerry issued a regulatory finding this week that paints a dire picture for the company in every one of its important markets.

Specifically BlackBerry says that “the intense competition impacting the company’s financial and operational results that previously affected demand in the United States market is now being experienced globally, including in international markets where the company has historically experienced rapid growth.” The company blamed its decline in emerging markets on two old reliable standbys: The rise of super-cheap Android handsets and the lack of key mobile apps for its own BlackBerry 10 platform.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.