One analyst thinks BB10 inventories in the UK are too high. Pacific Crest analyst James Faucette seems determined to be bearish on BlackBerry these days. As Forbes reports, Faucette is concerned about the inventory levels for BB10 in the UK.
“Our checks indicate that as sell-through run-rates for the Z10 have declined meaningfully in the weeks following launch, we believe carriers and third-party retailers in the U.K. are already well above typically targeted inventory levels,” he writes. “Canadian carrier stores and retailers also appear to be rapidly approaching targeted levels, in our view.”
It is simply too early to tell how BlackBerry is catching on. People don't just go out and buy smartphones at the drop of a hat. It will take several months, if not longer, before we get a real picture about what impact BlackBerry 10 is having on the market.
As for his comments on Canada, every other report out of Canada has been positive. I'm not bearish or bullish about BlackBerry's future. I have no idea how they will do. I can say they have made a strong effort with BlackBerry 10 and the market will decide.
Currently, BlackBerry's stock price seems to be hanging in there around $13.
“Our checks indicate that as sell-through run-rates for the Z10 have declined meaningfully in the weeks following launch, we believe carriers and third-party retailers in the U.K. are already well above typically targeted inventory levels,” he writes. “Canadian carrier stores and retailers also appear to be rapidly approaching targeted levels, in our view.”
It is simply too early to tell how BlackBerry is catching on. People don't just go out and buy smartphones at the drop of a hat. It will take several months, if not longer, before we get a real picture about what impact BlackBerry 10 is having on the market.
As for his comments on Canada, every other report out of Canada has been positive. I'm not bearish or bullish about BlackBerry's future. I have no idea how they will do. I can say they have made a strong effort with BlackBerry 10 and the market will decide.
Currently, BlackBerry's stock price seems to be hanging in there around $13.