BlackBerry cancels two phones before release

BlackBerry had to terminate more than its meeting this year. Worrying poor sales, the infamous organization also had to terminate two mobile phones that were still in development.

"The organization also determined to terminate programs to launch two gadgets to minimize the recognized stock risk," flows BlackBerry's third-quarter earnings report published Friday. The Wall Street Publication came across the hidden piece Monday.

The two mobile phones were code-named Cafe and Kopi, and BlackBerry had programs to market them as low-cost gadgets, un-named sources told the Publication.

The news correlates with BlackBerry's statement that it's eliminating its annual BlackBerry Live meeting. The organization last week revealed third-quarter failures of $4.4 billion dollars and said it sold only 1.9 million mobile phones last one fourth, a sharp decrease from the 3.7 million the previous one fourth.