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BlackBerry momentum may be slowing as Galaxy S4 sales soar

Published May 7th, 2013 2:55PM EDT
Galaxy S4 Sales

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Samsung’s new Galaxy S4 flagship smartphone is now upon us, and early signs are pointing to a big launch. Canaccord Genuity analyst Mike Walkley doesn’t formally cover Samsung, but he fancies himself as being plugged into wireless retail and he suggested in a recent research note that Samsung’s new king is off to a solid start.

“A very strong initial Samsung Galaxy S4 global launch with Samsung ramping supply of the Galaxy S4 to over 300 carriers in 155 countries the next several weeks” could push Samsung’s lead in global market share even higher this quarter, Walkley said in the note, which was picked up by Barron’s. In the first quarter this year, Samsung accounted for an estimated 33% of smartphones shipped globally.

He also threw in quick thoughts on BlackBerry, which he said is running into problems despite a successful BlackBerry Q10 launch. While he thinks the Q10 is doing well, Walkley notes that BlackBerry Z10 demand is already waning and he lowered his May-quarter channel sales estimate to 2.8 million BlackBerry 10 phones from an earlier projection of 3.3 million units.

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.

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