Blackberry has just received a monstrous $934 million loss due to their inventory charge on unsold Z10 smart phones. They had extremely high hopes for this new smart phone release, believing that it would be the solution in their quest to regain their previous stronghold in the smartphone market. The physical keyboard that Blackberry had previously built into their phones was very attractive to text communicating consumers. I believe this particular segment of customers represented a high percentage of their overall customer base. With an all touch screen front and no physical buttons, I\u2019d say that their new smartphone was tailored to lure in a younger audience; however, I believe this new design may have had the unintentional side effect of causing it to be more closely compared to their main competitor\u2019s product, the iPhone 5S. With relatively similar designs, the main comparison points between the two would essentially be brand name, functionality, and price. With Apple having successfully marketed their smartphone as \u201cpremium\u201d, Blackberry\u2019s Z10 appears to be \u201csecond tier\u201d in comparison. It would have been beneficial for Blackberry to \u201ctest the waters\u201d and get an idea of how well their new product would do over a trial period, even if this would inevitably lead to a higher demand than supply. A higher demand would have been much less dangerous to Blackberry than the current reality they face.<\/p>\n
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