The Zacks Analyst Blog Highlights: Research In Motion, AT&T, Verizon
Communications, Apple and Google
CHICAGO, March 26, 2013
CHICAGO, March 26, 2013 /PRNewswire/ --Zacks.com announces the list of stocks
featured in the Analyst Blog. Every day the Zacks Equity Research analysts
discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include Research In Motion Limited
(Nasdaq:BBRY), AT&T, Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ),
Apple Inc. (Nasdaq:AAPL) and Google Inc. (Nasdaq:GOOG).
Get the most recent insight from Zacks Equity Research with the free Profit
from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Monday's Analyst Blog:
BlackBerry Z10 Gets Poor U.S. Response
Going by the latest market buzz, Research In Motion Limited's (Nasdaq:BBRY)
new BB10 operating system-based smartphone Z10, which made its U.S. debut last
Friday, failed to generate strong response in the world's second largest
Research In Motion started selling its new 4GLTE-based Z10 smartphones through
the country's second largest carrier, AT&T, Inc. (NYSE:T) and will be
available at largest carrier Verizon Communications Inc. (NYSE:VZ) from Mar
The new Z10 was launched on Jan 30, 2013. Research in Motion has seen much
improved demand for its flagship device in some of the markets including U.K.,
Canada and U.A.E. At present, Z10 is available in 25 countries. Recently,
Research In Motion received a record single purchase order of one million
handsets from a telecom partner.
Hence, it was anticipated that such a robust demand for the new device coupled
with record order generation may lead to a huge appeal in the lucrative U.S.
market. However, it failed to create such a strong response during the
Research In Motion, which once dominated the smartphone market, failed to
upgrade its operating platform, losing market traction to Apple Inc.'s
(Nasdaq:AAPL) iOS and Google Inc.'s (Nasdaq:GOOG) Android operating systems
during the past few years, mostly in highly developed countries of North
America and Europe.
In 2012, the company sold nearly 32.5 million smartphones as compared to
Samsung Electronics' 216 million and Apple Inc.'s 136 million handsets. At the
end of 2012, BBRY had a mere 6.4% U.S. market share. Moreover, we believe that
the launch of the new smartphone, Samsung Galaxy S4, in late April will
further deteriorate BBRY's market position, going forward.
So, it is to be seen whether Research In Motion, through its newly launched
Z10, will be able to safeguard its fortune against other handset manufacturers
in the upcoming days.
Currently, Research In Motion carries a Zacks Rank #3 (Hold).
Want more from Zacks Equity Research? Subscribe to the free Profit from the
Pros newsletter: http://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative
analysis to help investors know what stocks to buy and which to sell for the
Continuous coverage is provided for a universe of 1,150 publicly traded
stocks. Our analysts are organized by industry which gives them keen insights
to developments that affect company profits and stock performance.
Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the
latest analysis from Zacks Equity Research. Subscribe to this free newsletter
Zacks.com is a property of Zacks Investment Research, Inc., which was formed
in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in
stock market data that would lead to superior investment results. Amongst his
many accomplishments was the formation of his proprietary stock picking
system; the Zacks Rank, which continues to outperform the market by nearly a 3
to 1 margin. The best way to unlock the profitable stock recommendations and
market insights of Zacks Investment Research is through our free daily email
newsletter; Profit from the Pros. In short, it's your steady flow of
Profitable ideas GUARANTEED to be worth your time! Register for your free
subscription to Profit from the Pros at http://at.zacks.com/?id=5518.
Visit http://www.zacks.com/performance for information about the performance
numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook:
Disclaimer: Past performance does not guarantee future results. Investors
should always research companies and securities before making any investments.
Nothing herein should be construed as an offer or solicitation to buy or sell
Zacks Investment Research
800-767-3771 ext. 9339
SOURCE Zacks Investment Research, Inc.
Press spacebar to pause and continue. Press esc to stop.