BlackBerry (BBRY -2.8%) slumps after S&P's James Moorman cuts his FY13-15 estimates while...

|About: BlackBerry Ltd. (BBRY)|By:, SA News Editor

BlackBerry (BBRY -2.8%) slumps after S&P's James Moorman cuts his FY13-15 estimates while reiterating a Sell. He's worried about the fact Sprint (not the most enterprise-focused U.S. carrier) isn't supporting the Z10, and about the impact of rival spring/summer phone launches. Yesterday, HTC announced the One, its new flagship Android model, and Samsung will reportedly announce the Galaxy S IV on March 14. BlackBerry's newfound volatility has led its beta to spike to 1.65. (yesterday)