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BlackBerry Z10 Sales Estimate Cut by 83% – Slow Launch and Future Windows Phones to Blame

February 20, 2013 3 Comments

Looks like RIM’s new BlackBerry Z10 will not be saving the declining company anytime soon. Analysts first predicted that the handset would sell 1.75 million units in the current quarter. The Street however is revising their estimates to only 300k units as the rollout has been slower than expected. That is a whopping 83% decline as to what experts initially thought which doesn’t boast will for the once leader in business cell phones.

The BlackBerry Z10  has only debuted so far in the U.K. and Canada to mediocre sales. When the new phones by RIM land in the US, only Sprint will be grabbing the Q10 while T-Mobile makes the Z10 available.

Another reason why the sudden downgrade to the assumed sales for the BlackBerry Z10 is the fact that BB10 smartphones will be facing increased competition from new Android and Windows Phone devices.

Canaccord Genuity analyst T. Michael Walkley:

“With our expectations BB10 smartphones will face increasing competition from a host of new Android and Windows smartphones and potentially a new iPhone in 1H/C2013, we anticipate global carrier partners will order cautious initial BB10 inventory levels, leading us to lower our Feb. quarter and F2014 BB10 estimates.”

With MWC right around the corner, you can expect to see a number of new Windows Phone devices.

 

Source: BGR

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