By Bloomberg News
Published: Saturday, July 13, 2013, 12:01 a.m.
Updated 16 hours ago
Best Buy Co. has cut the price of BlackBerry Ltd.'s Z10 smartphone to $49.99 with a service contract, two weeks after the Canadian smartphone maker reported lackluster sales of the flagship touch-screen model. The Z10 is available at that price with a two-year contract from Verizon Wireless or AT&T Inc., the Richfield, Minn.-based retailer said on its website. The device originally went on sale nationally in March at $199.99, on par with Apple Inc.'s iPhone. Sales of the Z10 last quarter were almost 1 million units short of analysts' estimates, contributing to a surprise loss for BlackBerry. BlackBerry accounted for less than 3 percent of global smartphone sales last quarter, according to research firm IDC. Culprit in bucking SUV may be sensorSpoken command systems a big helpFord plays catch-up in ChinaClean-up from flash floods socks homeowners in Western PennsylvaniaWork clothes supplier Abe Bernstein Clothing Inc. tailors itself to changing needsPittsburgh Brewing hires new CEOTelephone companies not replacing traditional copper phone linesUpdate doesn’t fix Windows 8 flawsDunkard Creek on W.Va.-Pa. border ‘healing’ after massive 2009 fish killUS Airways shareholders approve on American mergerVehicle leases gaining popularity across market
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