BlackBerry will stop making its own phones

Gee, shocker.

Welcome to Canada. Every non-bank to head the TSX in market cap has collapsed, some bankrupt and out of business. Nortel, Blackberry and now Valeant Pharmaceuticals.

Big Canadian business only understands banking and mining. If you want to be successful in products, you have to move to the US or stay small and private (Umbra, Ski-Doo).