Analyst: BlackBerry Z10 return rates , 2 to 3 new coming

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Jefferies analyst Peter Misek reiterated his purchase rating on BlackBerry on Tuesday and contradicted Dentwiler Fenton analyst Jeff J. E. Johnston UN agency claimed the opposite day that returns of the BlackBerry Z10 were prodigious sales at a number of BlackBerry's major U.S. retail partners. BlackBerry business executive Thorsten Heins has refuted this report then has Misek. The analyst notes that the largest issue for those that have came the BlackBerry Z10 is that they thought it had a physical QWERTY keyboard. Since it does not provide one, there have been some UN agency came it and same that they might purchase the BlackBerry Q10 once that phone launches.

Detwiler Fenton has been
pessimistic on BlackBerry even before BlackBerry ten was introduced and that we place a decision in to them last week to envision if they might offer America a investigate their perennially pessimistic angle toward the Canadian company, however thus far they need didn't respond. BlackBerry has same that it'd file a criticism with securities regulators in Canada and therefore the U.S.

Meanwhile, Misek,
UN agency has placed a target of $22 on the stock, conjointly same that he expects two to three new BlackBerry 10 models this year. He expects to envision aQWERTY-equipped mid-range model, maybe the BlackBerry "R-Series" that recently surfaced, a mid-range all-touch model, and a five in. Z-10 that he expects toward the tip of the year. This may be the high device that business executive Heins alluded to a couple of weeks past. the manager same that this phone "takes Blackberry ten to a different level in terms of the user expertise."

Misek expects BlackBerry's
might and August earnings estimate to be hiked well. BlackBerry shares area unit presently commerce at $13.92, up twenty one cents on the day.