BlackBerry C-series phone surfaces

A new BlackBerry 10 smartphone has appeared in the wild. The unannounced entry-level handset allegedly belongs to the C-series, also known as the Cafe series.
The leaked smartphone, codenamed Americano, is rumored to sport a 4.2-inch LCD display with a resolution of 720 x 1280 pixels. The upcoming BlackBerry device is said to feature a Qualcomm Snapdragon 400 CPU and LTE connectivity.

In the meantime, BlackBerry is having a tough run in the market, losing ground with an increasing pace. According to a recent report, the Canadian company will lose close to $1 billion by the end of Q2, 2014. The firm announced that it will lay off 4,500 employees to reduce its operating expenditures.