Market Currents
"We believe [BlackBerry 10] is likely to be DOA," asserts Pac Crest's James Faucette, whose...
-
Wednesday, November 7, 2012, 1:52 PM ET"We believe [BlackBerry 10] is likely to be DOA," asserts Pac Crest's James Faucette, whose bearish remarks are contributing to today's selloff in Research In Motion (RIMM -7.5%). BB10's unfamiliar UI and dearth of apps will hurt its appeal, thinks Faucette, who also issued a very bearish report on RIM in September.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 17 comments:
Pac Crest's James Faucette is pretty dull to issue comments on what he believes about the BB10 when he has not even seen the product and has no idea as to what it's strenghts and weaknesses are.
"BB10's unfamiliar UI and dearth of apps will hurt its appeal"
the same hurt that iPhone had when it first came out?
if it's good then people will buy BB10 and based on my personal usage it's good.
golden tech rabbit out of it's hat that it has bin sitting on so long !
BB10's UI is pretty straight forward. It's called "peak". how hard is that?
Disclosure: no position.
Porting from ANDRIOID TAKES 10 MINUTES. NATIVE IOS can be ported in a day or so.
Apps won't be an issue.
Having seen demos, it is not hard to understand. If people don't know how to swip to unlock their current phone, fine ... those people might have problems.
Those sick of a 5 year old experience will look. Some will buy. And those that buy will show their friends.
When there are so many attempts (and I bet it's also happening elsewhere) to drive the price down, that, to me, spells TAKEOVER BID IMMINENT!
Disclosure: no position yet, but that will change if the price goes low or high enough. I expect it to be a rough (but potentially lucrative) ride...