With new devices on the way and roughly 50 million people globally still using its older-generation phones, BlackBerry sees potential in mobile.» Read More
Friday's markets could be volatile as investors wonder if this week's selloff is the start of a bigger pullback or just end-of-quarter profit-taking.
Sept 25- Apple Inc broke its silence on complaints about bending iPhones, hours after withdrawing a glitch-ridden software update as the company struggles to restore momentum to the rollout of its latest phones.
Sept 25- Apple Inc withdrew a faulty update to its latest operating system after some users of its new phones complained of call service disruptions, the latest in a series of glitches to mar the first week of iPhone 6 and 6 Plus sales. Apple shares slid nearly 4 percent to $97.72 in early trading, to be the biggest drag on the Nasdaq Composite Index.
Apple Inc. fell 3.8 percent to $97.87 with 97,707,200 shares traded. BlackBerry Ltd. fell 6.8 percent to $9.80 with 30,213,600 shares traded. Cisco Systems Inc. fell 1.8 percent to $24.54 with 26,636,700 shares traded.
"Squawk Alley" looks back at the original BlackBerry product, the BlackBerry 850, introduced in 1999.
The new BlackBerry Passport is interesting, says Michael Yoshikami. But who will sell it to you?
Sept 25- Apple Inc pulled back an update to its new operating system and offered a guide to revert to iOS 8 after many iPhone 6 and 6 Plus users complained about a drop in cellular service and inability to use the fingerprint-reading Touch ID. Apple shares were down 1.1 percent at $100.65 in premarket trading on Thursday.
CNBC's Jon Fortt reports on BlackBerry's newest "classic" device, and provides updates on problems with Apple's new iOS 8 software and "bendable" iPhone 6.
SAN FRANCISCO, Sept 24- Two new Apple products hit speed bumps on Wednesday: iPhone 6 Plus buyers discovered their phones can bend when placed in back pockets, and the company pulled its latest mobile operating system after reports of dropped cellular service.
CNET executive editor Roger Cheng, reviews BlackBerry's new "Passport" phone. Cheng says the shape is odd but the phone is useful and offers a great typing experience. CNBC's Jon Fortt provides insight.
CNBC's Jon Fortt displays the new BlackBerry "Passport" phone. Fortt says BlackBerry is staking its future on security and software, not the phone.
Apple Inc. fell. 9 percent to $101.75 with 55,994,400 shares traded. BlackBerry Ltd. fell. 5 percent to $10.51 with 27,867,500 shares traded. Cisco Systems Inc. rose 1.1 percent to $24.98 with 18,730,200 shares traded.
BlackBerry showed off the new device at events in Toronto, London and Dubai. The smartphone, which has a large touchscreen and a modified version of the company's well-known keyboard, comes to market as the phones of BlackBerry's rivals all converge on a tall, rectangular profile.
CNBC's Jon Fortt doesn't think BlackBerry's Passport phone will save the company, saying the company is actually sticking its future on secure software.
The "Fast Money Halftime Report" traders take their positions in BlackBerry as the company unveils its new Passport phone.
CNBC's Jon Fortt demonstrates how to navigate BlackBerry's Passport phone, saying the phone is nearly just a "salesman" for the software for security.
CNBC's Jon Fortt displays the new BlackBerry "Passport" phone which costs $600 and goes on sale in about two weeks. Fortt says the phone is not designed to compete strategically with Apple.
BLACKBERRY LTD CEO JOHN CHEN SAYS NEW BES 12 PLATFORM COMING OUT NEXT MONTH.
BlackBerry's hope is that the Passport will appeal to the elite smartphone user that its brand used to own as it stakes its future on becoming a provider of secure enterprise software.
*Launches' Passport' device, says suggested retail price C $699 in Canada, $599 in U.S.; being carried on AT&T in the United States. *BlackBerry says expect carrier pricing for Passport on contract to be about $249. *BlackBerry says Passport available now in Canada, France, Germany, the UK and the U.S.; will be available in more than 30 countries by end of year.