Securities firm RBC Capital Markets does not bring good tidings for BlackBerry fans – as they have cut in half its estimate of the number of BlackBerry Passport and BlackBerry Classic handsets which the beleaguered manufacturer had managed to sell in the previous quarter. According to the securities firm, they figured out that BlackBerry managed to sell a mere 700,000 units of both models, which is half of the original 1.4 million expected. RBC’s analysts cite figures of 3.2 million Passports and Classic handsets being sold throughout the fiscal year of 2016, which is another downward spiral based on its previous estimate of 6.5 million units.
Certainly, the signs simply do not look too good for BlackBerry no matter how hard you try to search for a silver lining behind this dark cloud. BlackBerry CEO John Chen remains upbeat about the situation, however, as he mentioned that he would like to get the company back into the black where handsets are concerned.
BlackBerry has been recommended by RBC to remain focused on software, rather than hardware. Speaking to its clients, RBC mentioned, “We’re slashing our estimates on BlackBerry hardware units, but it’s not the focus anyway.” Do you think BlackBerry has what it takes to remain in the smartphone industry for the long haul?
Filed in . Read more about BlackBerry. Source: valuewalk