BlackBerry Z10 Supply Demand Said To Be Strong
Its a very confusing time to be a BlackBerry investor. You wake up to news that the company is dead and by the end of the night the stock is up by 5%. The truth is that all indications show that the new platform is off to a huge success and we starting to see some reports to back it up.
Today Paul Peterson of boutique research firm BlueFin, said that “appears that [BlackBerry] management is confident that the BB10 launches will be an unqualified success” because orders to suppliers for the Z10 handset have shown a “significant surge in orders in the past 30 days.” This falls in line with what BlackBerry’s management has said all along.
We are very excited to hear Mr. Heins to deliver some numbers on their next earnings call on March 28th. Till then expect a roller coaster ride.