More bad news from struggling phone manufacturers BlackBerry; two phones have been axed from development following fears that poor sales would continue. This past year has been a harsh one for the once quintessential smartphone makers, with a huge reported loss of $4.4 billion in the third quarter.
The floundering company has also decided to cancel its BlackBerry Live conference, which has been an annual company event since 2002. With only 1.9 smartphones sold in the last quarter, it is unsurprising that BlackBerry is reevaluating its plans for the coming year.
The axed handsets were being developed under the names Café and Kopi, and were intended to be sold as low-cost options in BlackBerry’s line of smartphones. The cancellation was slipped casually into last Friday’s third-quarter earnings report, but was picked up by eagle-eyed newshounds at the Wall Street Journal. The official report stated that the company had “made the decision to cancel plans to launch two devices to mitigate the identified inventory risk.”