“While it’s always difficult to speculate on consumer tech and even more troublesome to plot a course of a very volatile issue like BBRY, I think it’s the latter,” Reeves writes. “Here’s why.”
Why the Z10 won’t save Blackberry:
• Poor initial demand concerns
• Questionable U.S. launch timing
• App troubles
• Wall Street sentiment
Reeves writes, “Based on the fact that I expect continued trouble for BlackBerry and some seasonal softness in the market, it’s possible the stock could fall another 15% to 20% in a matter of months. Should the launch data be ugly, heck, we could get that in just a few sessions after the company reports earnings at the end of March.”
Read more in the full article here.