It’s been an annoyingly long wait for American BlackBerry (BBRY) fans, but it looks like they’ll soon be able to upgrade to the BlackBerry Z10. Unnamed sources have told Bloomberg that AT&T (T) will start selling the newest BlackBerry flagship phone on March 22nd, or one week later than earlier rumors had indicated. It’s unclear whether AT&T will be the first American carrier to offer the Z10 since T-Mobile has said that it would start offering the device sometime in mid-March and we haven’t yet heard when Verizon (VZ) will start selling it. Sprint (S) is the only major American carrier to announce that it won’t be selling the Z10 and will instead only sell the QWERTY keyboard-enabled Q10.
A fight is brewing on the Street over BlackBerry’s (BBRY) next-generation Z10 smartphone. Following early reports of BlackBerry Z10 sellouts across the UK and Canada, Pacific Crest analyst James Faucette recently claimed that sales have stalled and unsold inventory is now building up. While Faucette isn’t alone in his belief that sales aren’t going to be as impressive as many had hoped, a new report from Jefferies & Company suggests Pacific Crest is mistaken and the Z10 is selling just fine. More →
Sales of BlackBerry’s (BBRY) new flagship BlackBerry Z10 smartphone are reportedly slumping in the United Kingdom after having gotten off to what appeared to be a strong start. Following up a note from last month that cast doubt on the likelihood of BlackBerry returning to sustained profitability, Pacific Crest analyst James Faucette claimed in a recent note to investors that Z10 inventory is building up across UK sales channels. More →
A new report suggests that AT&T (T) will be the first U.S. carrier to offer BlackBerry’s (BBRY) new flagship smartphone later this month. According to N4BB, the BlackBerry Z10 will be available on AT&T beginning March 15th. The company was reportedly interested in being the first major carrier to offer the device in the U.S. and is said to have moved up its plans to launch the smartphone, which was previously rumored to be released in late March. BlackBerry and AT&T are expected to face difficulties, however, as Samsung (005930) is scheduled to announce its highly anticipated Galaxy S IV smartphone on March 14th. BGR recently reviewed the BlackBerry Z10 and while we found it to be a capable device, it fell short of other high-end smartphones offered by Apple (AAPL), Samsung and HTC (2498).
UK’s leading mobile phone retailer Carphone Warehouse has cut the monthly package price of the BlackBerry Z10 from £36 to £29. That amounts to a £160 (or $240) price drop over the life of a 24-month contract. Vodafone is also now offering a package deal that is £72 cheaper than its previous one. The new monthly price for BlackBerry’s (BBRY) Z10 at Carphone Warehouse is on par with the monthly package for Apple’s (AAPL) iPhone 4S, so it now sits squarely in the mid-range smartphone price bracket. The Z10 does retain a £29 upfront fee since it’s a new model; older handsets such as the iPhone 4S come free with a two-year deal.
Chalk up another potentially impressive customer win for BlackBerry (BBRY). German site AreaMobile claims that German chancellor Angela Merkel and “other secret sources in ministries and federal agencies” will use the Z10 due to its impressive security features that put it a cut above rival devices from Apple (AAPL) and Samsung (005930). AreaMobile says that the Z10 will account for roughly half of the 10,000 secure devices issued to members of the German government, while Samsung’s Galaxy S II and Galaxy S III make up the other half. While reports of Z10 sales have been mixed overall, the consensus seems to be that BlackBerry’s first BlackBerry 10 device is off to a solid start and has succeeded in convincing some iOS and Android users to give the company a second look.
BGR confirmed some of the best news BlackBerry could possibly get late last week, but not everyone is convinced that the BlackBerry Z10 will have the same draw in the United States. The nation’s No.3 carrier Sprint (S) recently confirmed to Bloomberg that it will be the only top carrier in the U.S. to pass on BlackBerry’s (BBRY) first next-generation smartphone. Instead, Sprint will wait for the BlackBerry Q10 before it gives the new BlackBerry 10 platform any support. ”We aren’t saying there’s anything different about our customers,” a Sprint spokesperson said. “We think our customers will be happy with the qwerty keyboard and touch screen on the Q10.”
BlackBerry coup confirmed: iPhone, Android users make up half of Z10 sales in Canada, one-third in UK
BlackBerry (BBRY) is at the start of a very long haul as the struggling smartphone maker attempts to stage a comeback for the ages. Early sales of the company’s first next-generation BlackBerry 10 smartphone appeared strong, but a series of subsequent claims suggested limited supply was responsible for many of the BlackBerry Z10 stock-outs being reported in the United Kingdom and Canada. We now know Z10 sales to date are likely nothing to scoff at, however — BlackBerry’s Z10 is outselling the iPhone 5 and the Galaxy S III at a major Canadian retailer — and BGR has confirmed an even more important indicator of BlackBerry’s early success: Half of BlackBerry Z10 sales in Canada and one-third of UK sales have been made to users coming from other platforms. More →
Following a string of analyst downgrades — and a note from MKM Partners suggesting there’s a 90% chance BlackBerry 10 flops — BlackBerry (BBRY) got a boost Monday on news that its new BlackBerry Z10 smartphone is outselling Apple’s (AAPL) iPhone 5 and Samsung’s (005930) flagship Galaxy S III at a major Canadian retailer. Glentel on Monday said in a statement that since the BlackBerry Z10 launched on February 5th, it has been “the leading smartphone” sold through retailer’s stores, The Globe and Mail reports. The company owns 330 retail outlets across Canada. More →
Perhaps the most fascinating feature of Google Trends is the Regional Interest map, which shows relative search volumes across the world. For current key models from both BlackBerry (BBRY) and Nokia (NOK), it’s a grim reminder of how much their bases have narrowed. A Google Trends search for “BlackBerry Z10” and “Lumia 620″ is particularly illuminating. These are the most important models for their respective vendors in February. Both phones launched over the past month and both have index levels that are roughly in the same ballpark, with the Z10 at 30 and the Lumia 620 at 18. Over the past 90 days, the BlackBerry Z10 showed search volume strength in its traditional strongholds of Nigeria (49), South Africa (40), Canada (45), Indonesia (25) and India (22). But alarmingly, the United States (7), Brazil (1), Spain (5) and Germany (7) looked ice cold in comparison. More →
After a brief period of optimism, it seems that financial analysts are once again predicting that BlackBerry (BBRY) is in very big trouble. Per Forbes, Pacific Crest analyst James Faucette has released a research note this week estimating that BlackBerry Z10 shipments will total 275,000 to 325,000 units this quarter, significantly less than Wall Street expectations of 1 million units. Faucette’s estimate is in line with another estimate released this week by Canaccord Genuity analyst T. Michael Walkley, who projected that BlackBerry would ship just 300,000 Z10s on the quarter. More →
Some industry watchers had high hopes for BlackBerry’s (BBRY) first next-generation smartphone in its debut quarter, but it looks like they may have gotten ahead of themselves. Now, the Street is revising its estimates in light of a slower than expected rollout and what appears to be a softer launch than many had hoped for. More →
BlackBerry (BBRY) shares continued down on Thursday morning after a research note from Wednesday evening called the company’s comeback prospects into question once again. In a note to investors picked up by Barron’s, National Bank Financial analyst Kris Thompson cut his revenue and profit forecast for BlackBerry’s upcoming fiscal year while casting doubt on its prospects with the BlackBerry Z10 in light of what he calls a delayed U.S. launch. More →