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Monday, March 4, 2013
‘Modest’ BlackBerry Z10 sales, upcoming Galaxy S IV launch could hurt BlackBerry
‘Modest’ BlackBerry Z10 sales, upcoming Galaxy S IV launch could hurt BlackBerry:
A string of upbeat reports has sent BlackBerry's (BBRY) stock climbing in recent months, but the end is nigh according to one industry watcher. Canaccord Genuity analyst T. Michael Walkley again tried to chase clients away from BlackBerry shares on Monday, suggesting that "modest" BlackBerry Z10 sales and big competition from the likes of Samsung's (005930) Galaxy S IV could spell doom for BlackBerry's stock in the coming quarters.
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