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BlackBerry shares drop as Home Depot switches to iPhone

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TORONTO (Reuters) – Shares of BlackBerry fell 3 percent on Monday after U. S. home improvement retailer Home Depot Inc said it is replacing the BlackBerry smartphones it provides its executives and managers with Apple Inc’s iPhone. The news is a setback for BlackBerry as it fights to retain its base of big corporate clients and government agencies. The recent launch of a revamped line of smartphones powered by its reengineered BlackBerry 10 operating system was a crucial step in that effort. . . .

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