4. The design below is part of the logo of what company, which was once Canada’s most valuable?
Answer to Canada Quiz #4
Waterloo, Ontario-based Blackberry LTD was an early leader in the Smartphone industry. Formerly known as Research In Motion (RIM) the company officially changed its name to Blackberry LTD this past July.
In 2008 Blackberry’s market value was $83 billion, making it Canada’s most valuable company.
Competition with iPhone and Android smartphone buyers has driven Blackberry to a 4th quarter loss of $1 billion, and plans by the company to lay off 40% of its workforce.
- Blackberry to Lay Off 4500 Employees, Toronto Star
- Why Canada Is So Sad about the Demise of Blackberry, Business Insider
- Blackberry LTD, Wikipedia