Apr 13, 2013, 06.55 PM IST
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BlackBerry refutes reports claiming Z10s being returned by buyers
BlackBerry has reacted sharply to claims by an investment housethat the Z10 is being returned by buyers at an alarming rate...
Like this story, share it with millions of investors on M3
BlackBerry refutes reports claiming Z10s being returned by buyers
BlackBerry has reacted sharply to claims by an investment housethat the Z10 is being returned by buyers at an alarming rate...
BlackBerry has reacted strongly to claims by an investment house that the company's brand new Z10 handset is being turned back in by buyers after being dissatisfied with its performance. Issued earlier this week, the report by Detwiler Fenton & Company in Boston, USA, says that the BlackBerry Z10 phone is being returned by buyers at an above-average rate. However, the Waterloo, Ontario-based company has refuted these claims and has suggested that the report is an attempt to manipulate the company's share price. Going one step further, BlackBerry has even said that it would ask the Securities and Exchange Commission to investigate Detwiler Fenton's report. BlackBerry claims that Detwiler Fenton refused to hand over the report to BlackBerry's investors or the methodology behind it to the Canadian company, even after they were said to be "absolutely false."
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