Major Canadian Retailer announces Z10 outselling iPhone 5 and Galaxy S3
Retailer says BlackBerry Z10 outselling iPhone 5, Galaxy 3 in Canada - The Globe and Mail
A major wireless retailer said Research In Motion Ltd.’s new BlackBerry Z10 smartphone has sold better since its launch than more popular devices such as Apple Inc.’s iPhone 5 and Samsung Electronics’ Galaxy S3 devices in Canada.
In a statement released on Monday, Burnaby, B.C.-based Glentel Inc., said the new Z10 model was “the leading smartphone” sold within its 330 Canadian Wirelesswave and Wave sans Fils retail stores since the device’s launch on Feb. 5.
RIM’s new BlackBerry, of course, is much newer than its best-selling Galaxy S3 and iPhone rivals – which have sold tens of millions since their respective launches – and is one of the only major devices to have launched since the holiday season ended. Since then, there has been a drought of high-end smartphone releases.
Glentel did not respond to a request for additional comment and did not immediately make available any actual sales numbers.
Since RIM’s global launches began rolling out in late January, actual data on sales have been in short supply. Until RIM reports its fourth quarter financial results on March 28 – an analysis that will include sales from early December until March 2 – observers are left with little more than vague figures from RIM and its partners, analyst “channel checks” with retail stores and wireless carriers, and other non-definitive numbers.
RIM has said the full touchscreen Z10 device had a more successful launch out of the gate than any previous BlackBerry, which many had expected given the long wait since the latest BlackBerry 7 devices were launched in August, 2011. A delay to availability in the U.S. led to many analysts cutting sales forecasts, but anecdotal accounts – including the release on Monday of Glentel’s statement and reports of lineups in the U.K. – provide some evidence that RIM’s Z10 has had at least some sales momentum.
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My only comment is, how can the Z10 be outselling the 'more popular' iPhone5 and the Galaxy S3?.....If the Z10 is outselling them.....IT is the more popular phone.....jus' sayin'
Last edited by kcdist; 02-25-13 at 01:53 PM.
- 02-25-13, 01:44 PM #3
I guess if they sell 40 million this quarter it might be considered a more popular phone (outselling isn't a word i'd use just yet...). I'm guessing they'll sell about 3-5 million personally. It was probably a hot seller for the weeks in question though.
- 02-25-13, 01:47 PM #4
I wouldn't jump on the stock just yet. For every positive story, there are also negative ones.
This was posted on BGR today:
Industry watchers are still mixed on whether or not BlackBerry (BBRY) can pull off the incredible comeback it is currently attempting. Some big firms are seeing signs of life while others maintain their position that BlackBerry is a sinking ship. Count Connecticut-based equity research firm MKM Partners in the latter category. In a recent note to clients, MKM analyst Michael Genovese cut his outlook on BlackBerry shares and said there is now a 90% chance BlackBerry 10 will flop.
“We have been testing the Z10 and like the operating system, especially the touchscreen BB10 keyboard predictive text functionality, but we do not think it is differentiated enough to save the brand,” Genovese wrote. “The Z10 hardware seems bulky and heavy, but the biggest problem by far is the lack of available applications for BB10.”
The analyst says that based on his digging, fewer than 10% of the top-100 Android apps and fewer than 5% of the most popular iPhone apps are available on BlackBerry’s new platform. “Not a single top-50-grossing app on Android or the iPhone can be acquired for the Z10,” Genovese noted.
MKM cut its rating on BlackBerry shares from Neutral to Sell with a $10 price target, down from $12.
“Our new price target reflects the lower probability of success we attribute to BlackBerry 10 following our testing of the Z10 and observing BB10’s momentum stall out in the U.K. after only a few weeks,” Genovese wrote. “We reduce the estimated probability that BB10 will be a success and the stock will appreciate to $40 to 10% from 15% and increase the estimated probability that BB10 will fail and the stock will decline to $7 to 90% from 85%.”
MKM now sees February-quarter BlackBerry Z10 channel sales totaling 400,000 units, down from its earlier estimate of 1.5 million.
Bottom line, zandermac, what's your point? Unhappy a retail chain is posting good Z10 numbers and need to rain on the parade? Z10's sell in quantity, and developers not on board will join the party.....this makes some people sad.
- 02-25-13, 02:04 PM #9
Obviously, BB users and Android users are different. One; a quick Google search of the apps will show you how useless most of them are. Backup manager, a bunch of games, swift keyboard? What if those apps are already part of the phone, can be used online, or just aren't needed? Who needs to buy Tune in radio apps when you can use Pandora for free? Why would BB users need a handful of ROM managers? So that line you quoted was a setup, it was made to make BB look bad, when in fact, it just shows you how incomplete Android is, and it's users are paying to fix that.
Two; of course sales will slow. It happens all the time with any electronic. How are the sales of the PS2......Wii....iphone? Are they still going strong, of course not. Early adopters adopt them, and then others will pick them up when they want. BB came in at a bad time but still did great. Not only did the i5, S3 SGN2, HTC, W8, and Nokia Lumia phones all already come out within the past year, sucking up a bunch of contracts, but BB missed the holidays, back to school, and not to mention, the 6th month range of when its OS7 phones dropped. (The phones dropped from this summer to winter so expect sales to pick up as those contracts are up)
- 02-25-13, 02:55 PM #11
The iPhone and GS3 have been out for a while now. So I don't think it's realistic for them to maintain the same levels of sales that they have on and shortly after release. I'm not shocked that a Canadian retailer is seeing more Z10s selling during a time of new release. I wonder if it sold more vs iPhone 5 and GS3 initial launches. Now that would be news.
- 02-25-13, 03:12 PM #12
This is great news! I wouldn't call that a "major Canadian retailer", though. Boooo sensationalist media.
So....another point of evidence to suggest the BBRY is not only not dead, but seems to have considerable upside. To borrow from a famous Mark Twain quote: "Rumours of BBRYs death may have been greatly exaggerated"
Further, this type of news is great in regards to the developer community. I'm sure there's more than one company that decided to wait for initial sales feedback before determining to commit resources to develop for BB10 OS.
- 02-25-13, 03:15 PM #14
Major Canadian Retailer announces Z10 outselling iPhone 5 and Galaxy S3
Scorpio is bang on, the real test is for that retailer to tell us how in the same period of launch the s3 and iPhone did. Right now both phones are on the tail end of their life cycles, so their sales should not be that strong anymore.
Sent from my BlackBerry 9860 using Tapatalk
- 02-25-13, 03:24 PM #15
- 02-25-13, 03:26 PM #16
I'm not dismissing them completely, but if a phone can appeal to at least some of these users it will drive sales.
- 02-25-13, 03:44 PM #19
Re: Major Canadian Retailer announces Z10 outselling iPhone 5 and Galaxy S3
The best part of this news is as a previous poster said: the platform and device are selling well. Well enough probably to encourage app developer uptake and generate buzz and word of mouth sales power.
To me this is outstanding and I can't imagine much better news! (of course now, if it did outsell apples glory boy... Wouldn't that be something)
- CrackBerry Addict
02-25-13, 03:51 PM #21
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