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Business lesson from BlackBerry’s plight: Only the paranoid survive

The BlackBerry brand has been deeply connected to the business community. PHOTO | AFP

It’s official. BlackBerry Ltd, the Canadian company that invented the smartphone and addicted legions of road warriors to the CrackBerry has stopped making its iconic handsets.

Finally conceding defeat in a battle lost long ago to Apple Inc and Samsung Electronics Co, BlackBerry is handing over production of phones to overseas partners and turning its full attention to the more profitable and growing software business.

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