get any closer to iOS and Android in terms of features. Faucette said that reviews of BlackBerry 10 will probably show that the OS will offer less than the existing platforms out there. The analyst believes that unless RIM takes an ax to its pricing for the new line of phones it will offer, it will be a "very tough sell."
Not all analysts are bearish on the stock of the Canadian manufacturer. Peter Misek of Jefferies who at one time was like Blair and Faucette, is now bullish on RIM. Misek sees the stock rising as high as $43 in the next 12 months which would require a better than 360% gain from the stock's current price, slightly under $12.
"RIM will be offering an entirely new OS, a brand new UI and experience to its user base. And when compared to the other … major players in the smartphone market next year, we don’t believe that BB10 will offer anything more than the existing options. In fact, we expect most reviews of BB10 to confirm that it offers less. … And unless the price points are substantially lower than existing offerings, it will be a very tough sell once it’s on the shelves."-Brian Blair, Wedge Partners