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251 More Nails in the BlackBerry Coffin

By Lyons George – Jul 28, 2013 at 5:15PM

Why the latest round of layoffs at the Canadian smartphone company are particularly troubling.

Since its peak of around $133 back in the summer of 2008, BlackBerry's (BBRY 1.26%) share price has taken more than enough tumbles to scare investors away. And if the news from last week is any indication, investors would do well to stay away. In the following video, Motley Fool analyst Lyons George discusses why the latest round of layoffs at the Canadian smartphone company are particularly troubling -- and why even the most courageous of value investors should think twice before reaching for BlackBerry.

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