1. josaki's Avatar
    Research In Motion (RIMM) is set to unveil its next-generation BlackBerry 10 platform on Wednesday along with its first two next-generation smartphones, the BlackBerry Z10 and the BlackBerry X10. Were not really expecting any major surprises at the event considering how thoroughly RIMs new platform and devices have leaked, but just because we know whats coming doesnt make the response any more predictable. RBC Capital Markets analyst Mark Sue recommends that investors keep hands and feet inside the vehicle at all times as the world straps in for what will undoubtedly be a wild ride.

    A lot of information on RIMs new BB10 devices has already been leaked so we expect the stock to settle back down post Wednesdays launch, Sue wrote in a note to clients on Monday morning. Its an ultra competitive market and most consumers have made up their minds on BlackBerry, so we believe RIM really needs to wow the audience. Variability of future unit growth depends on RIMs pace of future launches and innovation beyond the first two devices.

    He continued, Our study shows major new devices typically see a pop of interest and then a fade at which point successful devices can pull ahead while those devices not sufficiently promoted can wither on the vine. Palm Pre, Nokias (NOK) original Lumia 900 and RIMs Storm were hopeful devices which subsequently fizzled. In comparison, Apples iPhone and Samsungs Galaxy became major franchise devices.

    The analyst believes Wednesdays press conference is more about RIMs leap from legacy BlackBerry to a modern platform than it is about the devices themselves, since they have both already leaked extensively. He is also looking for favorable release timing for the Blackberry X10 because BlackBerry loyalists are keyboard centric, so RIM must not delay its QWERTY version.

    In the end, Sue believes consumers seem ready for something new and BlackBerry 10 might be that something. Still, the analysts sales forecast likely wont blow investors away.

    Our forecast calls for RIM to ship 500k BB10 units in the Feb-quarter and 10M in CY13, Sue wrote. Timing is working to RIMs favor and our study shows that mobile Operating Systems typically peak after five years. Our global Smartphone analysis details that the other category may show the fastest rate of unit growth this year. Profits are another story and lower scale typically means lower margins.

    RBC reiterated its Sector Perform rating on RIM shares with a $19 price target. BGR will be covering RIMs press conference live on Wednesday, so be sure to tune in for all the news as it breaks.


    Source: BGR

    Things will be volatile til the very end. Wednesday can't come fast enough.
    00stryder likes this.
    01-28-13 09:59 PM
  2. Bold_until_Hybrid_Comes's Avatar
    The RBC sales forecasts are a JOKE

    “BlackBerry loyalists are keyboard centric, so RIM must not delay its QWERTY version."

    Or they can buy what is appearing to be the world's best touch screen keyboard????
    josaki, TomJasper, Jince and 1 others like this.
    01-28-13 10:03 PM
  3. ttetsumako's Avatar
    thanks for sharing dear
    02-13-15 04:27 AM
  4. Chris S Mellor's Avatar
    thanks for sharing dear
    This was over two years ago?..

    Posted via CB10
    02-13-15 04:51 AM
  5. Erik_1991's Avatar
    Uh yeah January 29th, 2013

    Posted via my awesome BlackBerry Passport 
    02-13-15 04:54 AM
  6. JeepBB's Avatar
    This was over two years ago?..

    Posted via CB10

    True, but can't argue that it's been a wild ride.
    02-13-15 10:43 AM
  7. thurask's Avatar
    thanks for sharing dear
    This forum needs gravedig rules.

    Posted via CB10
    02-13-15 10:53 AM
  8. Uzi's Avatar
    This forum needs gravedig rules.

    Posted via CB10
    I hear ya..
    Thread closed


    PassportSQW100-1/10.3.1.2243
    jesse_h likes this.
    02-13-15 10:55 AM

Similar Threads

  1. Replies: 67
    Last Post: 01-29-13, 01:03 PM
  2. Replies: 2
    Last Post: 09-13-12, 06:25 PM
  3. Replies: 20
    Last Post: 07-10-12, 02:25 PM
  4. BlackBerry 10 Beta on Playbook?
    By rupam95 in forum BlackBerry PlayBook
    Replies: 18
    Last Post: 05-10-12, 11:13 AM
  5. Blackberry Video Store on Playbook Mentioned in Earnings Call
    By Jake2826 in forum BlackBerry PlayBook
    Replies: 4
    Last Post: 09-15-11, 07:26 PM
LINK TO POST COPIED TO CLIPBOARD