BlackBerry

Analyst cuts estimate of BlackBerry Z10 quarterly shipments from 1.75 million units to 300,000

posted by Alan F. / Feb 20, 2013, 12:40 PM

Analyst cuts estimate of BlackBerry Z10 quarterly shipments from 1.75 million units to 300,000

Now that the dust has settled, Canaccord Genuity analyst T. Michael Walkley has cut his estimate of the number of BlackBerry Z10 units that he forecasts will be shipped in the first quarter of the year. The analyst expects just 300,000 units of the all-touch BlackBerry Z10 to ship during the period, down from his initial call for 1.75 million units to be shipped in Q1. Because the phone wasn't introduced until the end of January, the actual amount of time that the phone was available during the period was only about 1 month. While there were reports of widespread sellouts in the U.K. after the launch of the model, some critics said that supplies of the phone were kept low on purpose to ensure a sellout and that some stores only had 15 BlackBerry Z10s to sell.

BlackBerry Z10

While the BlackBerry Z10 has launched in Canada and the U.K., the device won't reach U.S. consumers until the middle to end of next month. T-Mobile says the phone is more stable than anticipated and might be able to whack two weeks off of a possible launch date, to the middle of March. But Walkley says that the U.S. launch of the device isn't that important to his estimate as he does not see U.S. carriers building a large inventory stockpile of the phone. "We anticipate carriers will not build large inventory levels," Walkley told clients in a research report.

Another analyst, Brian Blair, shared Walkley's pessimism about U.S. carrier reaction to the new BlackBerry device. "We are getting indications that U.S. carriers are not optimistic about Z10 sell-through, but are instead more hopeful about the keyboard-based Q10," said Blair. The BlackBerry Q10 is the QWERTY equipped model of the new BlackBerry 10 line, and is expected to be available to carriers 6 to 8 weeks after they launch the BlackBerry Z10.

Canaccord Genuity's Walkley says that BlackBerry faces too much competition from iOS and Android models, including a possible new version of the Apple iPhone in the first half of this year, and from the Samsung Galaxy S IV, which could reach the U.S. as soon as May.

source: Investors.com via Slashgear

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16 Comments

1. tusshharish

Posts: 342; Member since: Oct 23, 2012

it is a piece of crap..........

posted on Feb 20, 2013, 12:45 PM 10

6. wp8forever unregistered

What's a blackberry? never heard of it .

posted on Feb 20, 2013, 2:15 PM 5

15. Ohrules

Posts: 327; Member since: Jun 11, 2012

it is a fruit :P

posted on Feb 21, 2013, 2:03 AM 2

8. idroidequis

Posts: 103; Member since: Jan 23, 2013

Crapberry?

posted on Feb 20, 2013, 2:23 PM 4

2. Muzhhur

Posts: 261; Member since: Sep 14, 2012

so, its just a BB death... well another one

posted on Feb 20, 2013, 12:53 PM 6

3. solomonsteve

Posts: 79; Member since: Dec 19, 2012

i dont believe in any shipment analysis. Do u know the future?

posted on Feb 20, 2013, 1:03 PM 1

4. Johnnokia

Posts: 1158; Member since: May 27, 2012

I feel sorry for you BB . you can't compete with those giants.

posted on Feb 20, 2013, 1:10 PM 2

5. gameday78

Posts: 48; Member since: Mar 17, 2012

(in the voice of Nelson from The Simpsons) HA HA!

posted on Feb 20, 2013, 1:17 PM 2

7. _Bone_

Posts: 2155; Member since: Oct 29, 2012

Whoever predicted 1.7 was on the Blackberry payroll. It's all about stock manipulation.

posted on Feb 20, 2013, 2:17 PM 2

9. lubba

Posts: 1313; Member since: Jan 17, 2011

They should've sold themselves to Nokia or MS.

posted on Feb 20, 2013, 3:32 PM 4

10. rusticguy

Posts: 2828; Member since: Aug 11, 2012

HTC One killed it ...

posted on Feb 20, 2013, 5:08 PM 0

11. cdgoin

Posts: 614; Member since: Jul 28, 2010

The screwed up launching with a iPhone copy and trying to compete with iPhone, Android, WP, etc.. instaead of launching the new Blackberry with a BLACKBERRY. The Q10 should have been first. This could be the death of them, they need to go ahead and sell themselves to MS or Nokia, otherwise they are the next Palm. Hmm.. that said, I guess Dell could fall on its face like HP and buy BB and give it away after blowing a few billion dollars.

posted on Feb 20, 2013, 5:36 PM 1

12. apiskula

Posts: 578; Member since: Jan 25, 2013

Good what garbage this phone and RIM is

posted on Feb 20, 2013, 9:00 PM 1

13. jcpwn2004

Posts: 314; Member since: Jan 18, 2012

Lol not surprised at all, I knew all the sellouts where done on purpose by rim to try to get some hype. This phone was already outdated when it was introduced, microsoft & RIM fanboys can brag as much as they want about how "smooth" the OS is, but it doesn't matter if you can't do what you want with your phone. I want RIM to succeed to drive competition, but 4 smartphone OS really seem like too much. Smartphones are hitting their plateau hardware, it's really software that will make or break you.

posted on Feb 20, 2013, 9:48 PM 1

14. nikenturd unregistered

BB just dont have it anymore...the Z10 is already outdated, pricey Apps ...not too many Apps...time to give it up if the Z10 doesnt suceed

posted on Feb 20, 2013, 11:12 PM 2

16. thealphageek1

Posts: 942; Member since: Feb 02, 2013

These analysts put out this BS purely for stock manipulation, and the public eats it up. These bogus reports, for instance, that the BlackBerry Z10 is not selling well in the UK has already been proven false by others. The only way we will know for sure how well Z10 is doing is when official numbers get released at the end of Q1. Until then, this is all speculation.