Recently, Blackberry’s major supplier has announced that they will no longer continue its partnership agreement with Blackberry. This news headline no doubt had captured the public’s attention with everyone wondering what will the future look like for Blackberry, a company which was once one of the leading companies in the smartphone industry. Due to lack of consumer interest in the new products launched by Blackberry in early 2013, the cost of inventory and storage came to light while U.S. carrier T-mobile has announced that it will no longer stock products of Blackberry in its retail stores. While Canadian carrier’s response remains to be unknown, it is obvious to everyone that the company is no longer capable of competing along with Apple and Android within the industry with its major financial loss. The importance of stakeholders is thus portrayed in this situation as the company begins to lose its grasp on customers and is forced to cut the employment rate. Although the company will not go into bankruptcy, the loss of consumer interest, cut on human resources, and rising costs of inventory will mark the collapse of the company within the industry.