Goldman Calls BlackBerry (BBRY) Z10 Launch 'Disappointing'; Cuts to Neutral

Go back to Goldman Calls BlackBerry (BBRY) Z10 Launch 'Disappointing'; Cuts to Neutral

Initial Demand for Blackberry (BBRY) BB10 Phones Not Sustainable, Warns Analyst

March 26, 2013 3:04 PM EDT

Last week BlackBerry (Nasdaq: BBRY) began selling its new Z10 smartphone in the U.S. While much has been made about the initial success of the Z10, analyst Colin W. Gillis of BGC Partners is concerned about longer term demand this summer and into next year.

"The other major market participants are... More

Best Buy's (BBY) Letter to Schulze Filed; Will be Compensated $2.13M, Get Salary

March 25, 2013 11:22 AM EDT

On March 25, 2013, Mr. Schulze and Best Buy (NYSE: BBY) ("the Company") entered into a letter agreement pursuant to which, among other things, Mr. Schulze will continue in his role as Chairman Emeritus of the Company, with the lifetime honorary title of Founder and Chairman Emeritus. The Letter Agreement also provides that until Mr. Schulze reaches the age of 75, he will be entitled to nominate two directors for appointment to the Board of Directors of the Company. Pursuant to that right, each of Brad Anderson and Allen Lenzmeier will be appointed to the Companys Board... More

TD Securities Comments on BlackBerry (BBRY) Z10 Sales

March 25, 2013 11:01 AM EDT

TD Securities today maintained a Hold rating on BlackBerry (NASDAQ: BBRY) with a price target of $17.00.

Commenting on Blackberry's Z10 launch on Friday, analyst Scott Penner said, "Reports of sell-through were varied but by and large the phone was selling well to existing BlackBerry... More

Blackberry (BBRY) Z10 Progressing as Expected, Says Wells Fargo; Goldman Disagrees

March 25, 2013 8:40 AM EDT

Wells Fargo analyst Maynard Um put out a note today discussing his take on Blackberry (Nasdaq: BBRY) Z10 sales in the U.S. In his view, despite early reports of disappointing sales on Friday, there is no cause for alarm and the launch is progressing as expected.

"Our... More

BlackBerry (BBRY) U.S. Z10 Launch Slightly Above Modest Expectations - Jefferies

March 25, 2013 6:54 AM EDT

While Goldman Sachs downgraded BlackBerry (NASDAQ: BBRY) Monday, on what it called a disappointing Z10 U.S. launch, Jefferies' Peter... More

A Telling Sign of BlackBerry (BBRY) Z10 Demand?

March 22, 2013 2:57 PM EDT

Or, maybe BlackBerry (BBRY) users just don't use Twitter.

According to a message posted from the official BlackBerry account, about 143 people are either... More

BlackBerry (BBRY) Gets Juiced Amid U.S. Z10 Launch

March 22, 2013 2:25 PM EDT

Today BlackBerry (Nasdaq: BBRY) began sales of its critical new Z10 phone in the U.S. Recently the stock has been a popular topic among traders and analysts, and debate has been heated, to say the least.

What makes the stock... More

BlackBerry (BBRY) Store Sold Only 7 Phones - CNBC

March 22, 2013 10:34 AM EDT

A CNBC report said BlackBerry's (NASDAQ: BBRY) launch of the Z10 is going slow and at one store only 7 phones were sold so far.... More

BlackBerry (BBRY) Preps for Biggest Z10 Launch Yet: the U.S.

March 22, 2013 7:37 AM EDT

BlackBerry (Nasdaq: BBRY) looks like its in positive territory Friday morning as sales commence in one of the company's largest markets.

Following the debut of its new BlackBerry 10 operating system in late January, BlackBerry will launch its Z10 handset today, with the first devices to be carried by wireless giant AT&T (NYSE: T). Verizon Wireless (NYSE:... More

BlackBerry (BBRY)(RIMM) Officially Unveils New BlackBerry 10 OS

January 30, 2013 11:29 AM EST

BlackBerry (NASDAQ: RIMM)(Nasdaq: BBRY) today launched BlackBerry 10, the re-designed, re-engineered, and re-invented BlackBerry platform that creates a new and unique mobile computing experience. Available on two new LTE-enabled smartphones, the BlackBerry Z10 (all-touch) and BlackBerry Q10 (touch with physical keyboard) smartphones powered by BlackBerry 10 offer you a faster, smarter and smoother experience than any other BlackBerry you have used before.

BlackBerry unveiled the new BlackBerry Z10 and BlackBerry Q10 smartphones at events held simultaneously in New York, Toronto, London, Paris, Dubai, and Johannesburg.

"Today sees a re-invented BlackBerry launching an entirely new mobile experience," said Thorsten Heins, President and CEO of BlackBerry. "We are thrilled to be introducing BlackBerry 10 on the new BlackBerry Z10 and BlackBerry Q10 smartphones, to deliver a faster, smarter experience that continuously adapts to your needs. Every feature, every gesture, and every detail in BlackBerry 10 is designed to keep you moving."

Highlights of BlackBerry 10

BlackBerry 10 is a robust and reliable platform that is smooth and responsive. It has a modern design and a gesture-based interface that is highly discoverable. It is designed to support, learn, and adapt to the way you work and share with features like:

-- The ever present BlackBerry Hub, which is a single place to manage all your conversations whether personal or work email, BBM" messages, social media updates or notifications, and the ability to "peek" into the BlackBerry Hub from anywhere, so you're always only one swipe away from what matters to you.

-- BlackBerry Flow, where the BlackBerry 10 experience excels by enabling features and apps to flow seamlessly together, helping you complete the task at hand effortlessly and efficiently. For example, you can tap on an attendee listed for a meeting to see their latest tweet or LinkedIn profile. Or tap the thumbnail of a picture you just took to launch the Picture editor and quickly apply a transformation or filter, then instantly share it with your contacts.

-- A keyboard that understands and adapts to you, that learns what words you use and how you use them, then offers them up to you so you can type faster and more... More