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BlackBerry Says Claims of High BlackBerry Z10 Returns are “Absolutely False”


We told you there was something suspect about the analyst claims of an abnormally high return rate for the BlackBerry Z10. Now BlackBerry has gone on the record to respond to this wild speculation in no uncertain terms by stating that “this is absolutely false.” They sent the following statement out which confirms as much:

“BlackBerry wishes to respond to media coverage today regarding speculation that there have been abnormally high levels of returns of BlackBerry Z10 devices.  This is absolutely false.  Our data shows that return rates for BlackBerry Z10 devices both in the U.S. and on a global basis are in line with or better than our expectations and are consistent with return rates for other premium smartphones in the market today.”

So that makes another wrong analyst assumption. I wonder what they will dream up next…

5 total comments on this postSubmit your comment!
  1. Stock price manipulation folks! Feds get on this!

    They’ll dream of anything that will artificially drop the stock price. They’re making money on the fluctuations. Long term investors like us see no gain, but they’re raking in the cash.

  2. They try to pump all the negative news to drive down the stock price so that their clients that short BlackBerry stock can cover now before the Blackberry Q10 releases. If the 2 millions Q10 order from the Chinese government is credible, there will be a lot of short covering. I think the shorts are very scare right now. I bought 2 Z10, one from ATT and one from Amazon. I have no problem with both of them so far.

  3. It’s sickening what these analysts dream up. What a joke.

  4. Well, if garbage like this wasn’t produced, over half of the media wouldn’t exist. I trade professionally and I listen to zero news. It’s all noise and propaganda.

  5. Agree with everyone above. but would be nice to have software that’s update to increase battery life and stop the daily reboots

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