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BlackBerry Limited Message Board

  • rimlytarder rimlytarder Mar 5, 2013 9:32 PM Flag

    Reason for carriers cutting Z10 price!

     

    Pacific Crest analyst James Faucette, who lately has been determinedly bearish on BlackBerry shares, this morning finds another reason for concern, asserting that U.K inventory levels of the Z10 touch-screen BB10-based smartph"ones are “already too high,” and that inventory levels in Canada are “quickly approaching typically targeted levels.”"

    "“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.”"

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