Analyst: BlackBerry Z10 off to a strong start

Analyst: BlackBerry Z10 off to a strong start
When BlackBerry announced that the new BlackBerry Z10 would launch first in the U.K., there was such a wave of disbelief. When it was announced that U.S. sales would not start until mid to late March, the stock tanked dramatically. But if what one analyst is seeing is correct, it looks like there was method to the madness at Waterloo.

In a Research Note sent off to clients, Jefferies analyst Peter Misek said that the all-touch BlackBerry Z10 is off to a strong start in the U.K. with some stores reporting long lines and "widespread sellouts" of the white  model. The black version of the device has limited stock, according to the analyst. Misek calculates that several hundred thousand units of the first BlackBerry 10 flavored smartphone were sold. Putting that in perspective, he notes that the Apple iPhone 5 sold 5 million+ units during its launch weekend. But he notes that the U.S. is five times the size of the U.K., which he says bodes well for BlackBerry.

This has led to a 10% rally in the stock Monday morning, which is trading today for the first time as BlackBerry using the ticker symbol BBRY on NASDAQ.


source: Forbes

Related phones

Z10
  • Display 4.2 inches
    1280 x 768 pixels
  • Camera 8 MP (Single camera)
    2 MP front
  • Hardware Qualcomm Snapdragon S4 Plus, 2GB RAM
  • Storage 16GB, microSDXC
  • Battery 1800 mAh
  • OS BlackBerry 10.3

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47 Comments

45. NateAdam8

Posts: 439; Member since: Feb 17, 2012

I'd still give it a try cause I've tried the old Blackberry before judging it and the new Blackberry 10 deserves the same

41. o_ci2007

Posts: 1; Member since: Feb 04, 2013

In the UK people value individuality. Iphones are now too common to be "cool". The HTC One X sold well in the UK, Nokia 920 is selling well. So I really wouldnt be surprised to hear that the z10 is selling well in the UK. In the USA its a different story. Apple has people by the balls and everyone will buy an Iphone and no matter what. So kudos to Blackberry for recognizing this and going for a market that prioritizes revolution and not evolution, a market that favors individuality and conformism, a market that favors the underdog and not promote the heavy weight. You get the idea.

35. pimpollofelice123

Posts: 30; Member since: Jul 02, 2011

i really want to give the new os a try. I love android but kind off got tired of the slow updates.

29. darac

Posts: 2156; Member since: Oct 17, 2011

This is good. I hope BB rises back and grows into Apple competitor

27. BattleBrat

Posts: 1476; Member since: Oct 26, 2011

I always liked Blackberries more than Apples, antioxidants FTW!

28. jldleo

Posts: 38; Member since: Aug 09, 2011

Now thats funny.. Never thought of it that way ha ha

31. jroc74

Posts: 6023; Member since: Dec 30, 2010

But...Apples help control weight. Its like a natural diet pill. High in fiber.....know what that means..lol. And I just dont like the taste of Blackberries. Those that are trying to lose weight....eat more apples.

26. snowgator

Posts: 3630; Member since: Jan 19, 2011

As a WP user, I can tell you these early adopters and sales are great- until they are not. Nokia is still trying to live down the long waits for their sold out devices. Many of the WP8 adopters have had problems with their devices, and these make way more headlines then the satisfied customers do. And after a while, those on a new OS start feeling the "why don't we have..." ache. Why don't we have those apps? Why doesn't this link up to that seamlessly? I will be happy to see BB10 succeed, and I hope these early (real early) sales rumors are true. I have stated I feel that BB10 will be a great initial success, spurned on by CrackBerry fans worldwide just aching to support their favorite device. I am just waiting for the back lash. The negative press ALWAYS trumps the positive.

18. timtimity

Posts: 196; Member since: Aug 13, 2012

I think analysts can be quite dangerous. I admit they're sometimes right but I've seen more predictions that are wrong. All their views do is unnecessarily undermine confidence and potentially damage sales and share prices. There should be some sort of regulation that stops them simply announcing unsupported predictions and ensure that they are unbiased.

16. slaggyb

Posts: 218; Member since: Oct 19, 2011

Good job BlackBerry releasing the Z10 in countries were you are relevant and regarded as a Kool brand....From what I have read and watched on engadget, theverge and now iphonearena I see reasons for the delay cos Americans generally are already tied down to ios and android ecosystem ...In other words the world doesn't revolve around the US of A.

17. XPERIA-KNIGHT unregistered

sadly you are correct my friend i agree with you 100 percent and guess where i am from...... :(

22. slaggyb

Posts: 218; Member since: Oct 19, 2011

I really can't guess were you from but its good to know its available were you are... I live in the US of A and careless about the phone officially released here.. I travel a lot and buy my phones outright unlocked without any carrier branding bullcrap. Am a prepaid customer and the only business I have with T-mobile is just pay my unlimited everys monthly subscription of 70bucks... I already pre-ordered the Z10 from day one and it be arriving on wednesday..

25. XPERIA-KNIGHT unregistered

im from america bro........i was just saying that somtimes its a shame to know the country you're from says and does shamless things....know what i mean...

15. bovcrx

Posts: 109; Member since: Mar 06, 2012

I'm a loyal BB fan so I'll get it and wait a year for whatever update they put out to fix things that should be there like my PlayBook. Good thing is I'll know more or less what people are complaining about before I scoop one up.

14. Xtasy

Posts: 284; Member since: Jan 13, 2013

This phone is much better than the first iphones and android deviced that were released...so much more functionality and they made it fun to use

20. mrblah

Posts: 577; Member since: Jan 22, 2013

But its not the first blackberry... Sorry they are going to tank

39. Xtasy

Posts: 284; Member since: Jan 13, 2013

It's the first Blackberry with the new QNX software u shmuck...and who are u to be talking? your lame!

47. mrblah

Posts: 577; Member since: Jan 22, 2013

I guess I was right, Shmuck.

48. Xtasy

Posts: 284; Member since: Jan 13, 2013

Nope you are wrong Shmuck! Stock for BBRY is going up haha

30. jroc74

Posts: 6023; Member since: Dec 30, 2010

And it should be...this is BB10.... not BB 1. If it wasnt better than those 2 first attempts...something would be seriously wrong in BB land.

40. Xtasy

Posts: 284; Member since: Jan 13, 2013

Did u take a look at iphone 5? same old boring software with a few upgrades. Only blackberry can make a come back cuz they the best

43. jroc74

Posts: 6023; Member since: Dec 30, 2010

iOS 1 didnt have the notification center. I am sure iOS 1 didnt have Siri too. Android 1....Android was bad enough that MS coulda released whatever they had with WP in 2008 or 2009 and probably woulda been fine....might have even gave Android a run for its money in 2008, 2009. Thats why I said if BB10 wasnt better than Android 1 and iOS 1....somethings would be seriously wrong in BB land. I see WP fans do this when talking about WP...."Its a new OS running some new kernel" "Its brand new" Bottom line...its still WP7 and 8. That means its not MS's first attempt at a mobile OS. Same for BB. This is BB 10....not BB 1. One cannot compare BB 10 to Android 1 and iOS 1. Android is also on 4....iOS on 6. They are still a few versions behind MS and BB. If or when these companies ever stop making newer versions of these OS's...that would be a differet story.

12. davecann2

Posts: 460; Member since: Mar 15, 2011

I call BS on the actual sales numbers and interest. I think Analysts are intentionally hyping up the phone to entice users to purchase.... Is it possible to buy off Analysts? lol

13. XPERIA-KNIGHT unregistered

it is what it is man.....dont be mad its sucess

19. davecann2

Posts: 460; Member since: Mar 15, 2011

Oh... I'm definitely not mad. I actually want BB to succeed. I just think the numbers are flawed and the devices aren't performing as well as predicted. I also believe that within a few months’ time Samsung and Apple with debut new devices and BB will be forgotten.

24. XPERIA-KNIGHT unregistered

well im glad that is just what "you" think bro...

44. davecann2

Posts: 460; Member since: Mar 15, 2011

XPERIA, I can see you just bought a BB.

34. crappp.analyst

Posts: 3; Member since: Feb 04, 2013

This is the same thing as WP7/WP8 analyst say were. WP8 is sales 10x more than WP7 WP7 will be in 100 million device / year in 2012 lol... it turn out that Windows Phone is a failure. and I expect BB10 would not be far from that.

7. downphoenix

Posts: 3165; Member since: Jun 19, 2010

I guess poor reviews like Phone Arena's 7 out of 10 hasn't stopped initial excitement for the platform.

9. XPERIA-KNIGHT unregistered

and why should it? just because it didnt stand up to a FULLY capable operating system such as android, which has had how long to develop? doesnt mean people should "give up" up on it at the BEGINNING OF ITS LAUNCH! wow you expect everyone in WORLD to be in agreement with what phone arena.com com says?? (not that you guys were wrong) but phone arena has left out a VERY vital perspective when it comes to "judging" this platform and phone.........which is, IT JUST BEGUN! just like wendy stated above (cant believe she actually earned credit here lol) when andorid first started and ios as well it wasnt the BEST and the same with windows phone so with cannot base everything on the first push.....

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