Analysts haven't been too bullish on BlackBerry recently with one downgrading the rating on its stock to "
underperform". But, it's not all bad news for BlackBerry, because a new report is saying that the company's projections for device shipments this year are on the rise, and BlackBerry is now expecting to ship 14 million devices in 2013.
RBC analyst Mark Sue is saying that BlackBerry had been projecting to ship 11 million devices, and has now upped that projection to 14 million. Sue says that the bump is extending into the beginning of 2014 as well, and says BlackBerry will ship 3.5 million BB10 devices in the first quarter of 2014, which is up from his earlier projection of 2.75 million units.
BlackBerry is still struggling to find success in the U.S., but has been selling well in its homeland of Canada, as well as across the pond in the UK.
posted by Michael H.
/ Jun 19, 2013, 1:56 PM
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