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ReportTT: BlackBerry Q10 seeing strong sales in Canada

BlackBerry Q10 seeing strong demand in Canada, revives some hope for faltering BlackBerry

| Business, Financial & Legal News | Posted: May 3, 2013 10:04 pm

It looks as though BlackBerry might have some hope left as an analyst says the new BlackBerry Q10 is seeing strong sales in Canada. Peter Misek of Jefferies claims several "store checks" in Toronto show the "BlackBerry Q10 has been selling extremely well and has been sold out or seeing limited availability."

 

TweakTown image news/3/0/30159_1_reporttt_blackberry_q10_seeing_strong_sales_in_canada.jpg

 

This is good news for BlackBerry who has been losing market share in recent years. It also goes to show that there are plenty of users who still want or need a physical keyboard. Misek has a Buy rating on BlackBerry stock with a price target of $22, around $6 higher than the current stock price.

 

The Q10 features a physical QWERTY keyboard, 3.5-inch display, and 1.5GHz dual-core processor. It's definitely not the fastest device out there, but one of the few remaining with a physical keyboard.

NEWS SOURCES:Blogs.barrons.com

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