Rush to match iPhone was devastating for Blackberry, says former CEO

The introduction of the iPhone and BlackBerry's rush to try to match it was devastating for the company, according to a former co-chief executive.

Rush to match iPhone was devastating for Blackberry, says former CEO

The introduction of the iPhone and BlackBerry's rush to try to match it was devastating for the company, according to a former co-chief executive.

Jim Balsillie says he knew there was trouble when BlackBerry's Storm touchscreen device - designed to rival Apple's offering - had a "100% return rate".

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