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BlackBerry Q10 seen outpacing the Z10 in early sales estimates

Published May 8th, 2013 4:20PM EDT
BlackBerry Q10 Sales

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Kevin Smithen of Macquarie Capital has become more optimistic about BlackBerry’s future, Barron’s reported. The analyst believes the QWERTY-equipped BlackBerry Q10 could be a bigger seller than the company’s first BlackBerry 10 smartphone, the BlackBerry Z10. Smithen notes that the Q10 will appeal to enterprise customers, who account for 13.4 million of the company’s total subscriber base. He estimates that as a whole the company will ship 4.3 million BlackBerry 10 devices in May but only 2.7 million in August, although he added that the “August estimate could prove to be conservative based on stronger enterprise demand for the Q10.” Smithen reiterated his Neutral rating on shares of BlackBerry with a price target of $17.

Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.