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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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 http://www.marketwatch.com/story/thursdays-movers-tech-stocks-hit-by-pc-shipments-2013-04-11 | | | | Quote: “We believe key retail partners have seen a significant increase in Z10 returns to the point where, in several cases, returns are now exceeding sales, a phenomenon we have never seen before,” said analysts at Detwiler Fenton in a report.
The most common complaints from customers are that the phone’s user interface and maps application are “unintuitive” and that the device has a tendency to slow down after several hours, the analysts said.
Joe Fersedi, an analyst at ITG, said that in the first 17 days of sales at AT&T, the Z10 is lagging behind almost every other major launch.
“The clear takeaway from the independent dealer channel is that the US launch of the Z10 started poorly and weakened significantly as the days passed—relative to comps at both AT&T and Verizon,” he said in a note.
Pacific Crest Securities on Thursday reiterated its rating on the stock at underperform.
“Even if the Z10 were able to maintain its current sell-through run-rate based on our initial checks, it would still amount to less than 1 million units per month. We believe that a run-rate below that level would make it very difficult for BlackBerry to return to long-term profit growth,” said James Faucette at Pacific Crest. | | | | |
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Thu Apr 11, 2013 8:19 pm |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm
Posts: 17040
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Have to be honest, I had a Z10 on test for a month and I was pretty impressed with it as a phone. The app store was a joke, but the device itself was lovely.
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| Fri Apr 12, 2013 7:04 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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Did you notice it slowing down? _________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Fri Apr 12, 2013 8:50 am |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm
Posts: 17040
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No. I don't remember ever waiting for it to do anything, let's put it that way.
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| Fri Apr 12, 2013 1:19 pm |
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big_D
What's a life?
Joined: Thu Apr 23, 2009 8:25 pm
Posts: 10691
Location: Bramsche
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How can people be returning more phones than they have bought?
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Executive Producer No Agenda Show 246
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| Fri Apr 12, 2013 3:53 pm |
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ProfessorF
What's a life?
Joined: Thu Apr 23, 2009 7:56 pm
Posts: 12030
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I read it that after an initial sales spike, no more are selling but those that were sold are now being returned.
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| Fri Apr 12, 2013 4:07 pm |
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JJW009
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 6:58 pm
Posts: 8767
Location: behind the sofa
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When they say "now exceeding" they mean today or some other recent interval of time, which I thought was perfectly clear from the wording. If you draw a graph of sales and returns against time (on nice squared paper and using a sliding average over a day or so to smooth it out, with the chosen intervals marked on the axis for clarity), then returns exceed sales for the most recent measurements. If you then integrate from time = launch to time = now (by counting the squares under the graph, if you like) to obtain the total figures, then the area representing sales will exceed that representing returns. In an extreme example, if no one has bought any today then a single return is more than they've sold in the same interval (today). The fact that the interval is not stated in the headline really is not important, since it's merely intended to communicate a highly unfavourable returns rate. "Now" can be taken to mean today or yesterday or this week with no effect on the message. I think everyone except for you knows what it meant! _________________jonbwfc's law: "In any forum thread someone will, no matter what the subject, mention Firefly." When you're feeling too silly for x404, youRwired.net
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| Fri Apr 12, 2013 4:34 pm |
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l3v1ck
What's a life?
Joined: Fri Apr 24, 2009 10:21 am
Posts: 12700
Location: The Right Side of the Pennines (metaphorically & geographically)
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Blackberry are saying it's not true CLICKY
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| Fri Apr 12, 2013 7:14 pm |
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koli
Doesn't have much of a life
Joined: Fri Apr 24, 2009 5:12 pm
Posts: 1171
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Detwiler is the same company that said the Q10 would be delayed until June. Which is clearly not the case...
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| Fri Apr 12, 2013 8:41 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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The actual numbers could be true if so few Americans actually know its on sale, or that they would not buy one. I suspect that the initial claim came from a single source who might have had a lot of returns, though so soon after launch is not a good sign. Sent from my iPad using Tapatalk. _________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Fri Apr 12, 2013 11:01 pm |
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james016
Doesn't have much of a life
Joined: Tue May 05, 2009 5:52 pm
Posts: 1899
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Since this has come from an analyst, the opposite is most likely to be the truth.
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| Sun Apr 14, 2013 1:05 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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Plus even as an iPhone user I want there to be a competitive market for phones that includes Windows and Blackberry. I think that the analysts are all speculating on who gets knocked out next. The analysts are usually wrong but then there are problems with companies declaring shipments as sales so many of those sales are still in the store waiting for a mug to buy them. _________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Sun Apr 14, 2013 4:27 pm |
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