Page 2 - Z 10 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Growing companies in america. $4.4 billion this quarter. that was their last. this time last year, they reported a profit of $14 million. not great but that's a huge swing from $14 million to $4.4 billion. the bottom line they had these new lines of phones, the ten models, z 10, q 10 and expected that to be the saving grace. they have not caught on. there's a lot of brand loyalty with smartphones and people are used to apple and google. shares down 50% so far year to date. suzanne and michael. >> good to see you as always. thank you. this is a fun one. penguins dressed as santa. christmas tr...

About what these communities are doing to try to stop it. >> in other news here to us at cnn, blackberry is going private. the company has just announced a billion dollar loss in the second quarter and more than 4,000 layoffs. smartphone competition from apple and samsung has hit this company hard. zain asher, let's go to you at the new york stock exchange. tell me about this deal. >> hi, brooke. blackberry has found a buyer. fairfax financial holdings is planning to buy blackberry for about $4.7 billion. blackberry has had major trying times. you mentioned the layoffs. the company planned to ...

Got it. >> they missed the boat and didn't keep up with changing market demands. but the reality is they didn't try to stay on boat. other companies like apple came out with touch screen things, join the, fun, easy to use devices and blackberry said, we're going to stick with this business customer. what we've seen is that people have just abandoned them in droves. now they finally have said we're looking for help to keep the business afloat. what's going to happen? in a couple of months we won't have the same company we have today, whether they're bought out or fold. something has to give. >>...

A quick clarification. we said earlier senator murray was opposed to dianne feinstein's bill to ban assault weapons. we'll update this. it's an important debate. millions of users worldwide, blackberry is giving apple and samsung a run for their money. now it's hoping to take a bigger slice out of the smartphone market with the release of their new device, the z-10. welcome to you. i'm a well-known blackberry crack addict or whatever they call them. i'm going to lay my cards on the table to you there. my two teenaged sons recently defected from the blackberries that i had lovingly given them