BlackBerry (BBRY +3%) is rebounding a bit from last week's bludgeoning in spite of a critical...

|About: BlackBerry Ltd. (BBRY)|By:, SA News Editor

BlackBerry (BBRY +3%) is rebounding a bit from last week's bludgeoning in spite of a critical note from Canaccord's Mike Walkley. Walkley, who's reiterating a Sell, joins Deutsche in arguing early Z10 sellout were due to limited supplies, and claims follow-up checks indicate "steady but modest sales levels." He's now forecasting just 300K BB10 sales for the Feb. quarter (ed: that seems low even if sales are light, considering channel inventory), down from a prior 1.4M.