Home Depot Replaces Employees BlackBerrys with iPhones, BB Stock Falls 5%

BlackBerry has taken a serious hit today after Home Depot acknowledged it would be replacing over 10,000 BlackBerrys with iPhones for their management staff and executives. Stock prices fell 4.61 percent following the news of yet another company switching away from the BlackBerry platform.

According to the report on Reuters, the handset replacement should have no effect on the 60,000 Motorola smartphones currently used in Home Depot stores.

Source:
http://arstechnica.com/business/2013/02/home-depot-drops-10000-blackberrys-from-employee-belts/

http://www.reuters.com/article/2013/02/11/us-blackberry-homedepot-shares-idUSBRE91A0XP20130211

https://www.google.com/finance?cid=663276

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