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Yes, we have no Blackberry today

Turns out, the Pentagon is NOT coming to the rescue of the Waterloo-based company...

It turns out, the Pentagon is NOT coming to the rescue of Blackberry.

A report in The Verge a report from the US Department of Defence, suggested they were supporting 80 thousand of the waterloo-based smartphones.

But some, including many on the stock market, interpreted that as though the DoD was buying 80 thousand new phones.

That meant stock shot up over the course of the week, about $9 a share.

It turns out, that 80 thousand number, was the number of phones the Pentagon already had.

As a matter of fact, the Department of Defence told The Verge, that "absolutely no new orders have been placed for new BB devices."

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  1. john posted on 01/24/2014 02:15 PM
    probably cause thay think blackberry might put a chip in the phones that lets them listen to the users who use them . u know just like the NSA listing to everyones phone . and internet .
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