A headline yesterday in Canada was more akin to the tone of those we were used to seeing before the launch of BlackBerry 10, on January 30th.
“BlackBerry shares fall 8 per cent as hype over smartphone launch wears off” was the title of a piece by The Canadian Press’s David Friend, which quoted research from National Bank Financial analyst Kris Thompson, who said the new BlackBerrys are unlikely to convert current Apple or Samsung users.
Monday was BlackBerry’s fourth consecutive day in the red, a slide that chopped more than three dollars from its share price, from $16.97 to $13.96, on the TSX.
After what was a generally positive reception to the launch of its overdue new platform, including positive reviews from influential tech writers Walter Mossberg of The Wall Street Journal and David Pogue of the New York Times, who raved about the Z10, BlackBerry is into the less glamorous business of continuing the logistics of the rollout.
This story is brought to you by Serenic (TSXV:SER). Serenic’s cash position as of its most recently reported quarter was greater than its market cap as of February 6th, which was $2.61-million. The company has zero long-term debt. Click here for more info.
While its stock may be on shaky ground again, new data shows that the BlackBerry brand is undergoing a serious revival.
YouGov’s Brand Index says BlackBerry “is enjoying its best consumer perception in the US since September 2011 in the wake of its new smart phone line announcement.”
YouGov BrandIndex’s Buzz Score, which polls consumers, revealed that BlackBerry was literally nowhere in December, with a Buzz Score of zero. Since then, its score has spiked to 7, not high, but lessening the gap between itself and Apple, which has fallen to 17 from a 2012 peak of 38. Samsung’s Galaxy brand came in with a 16 score, showing the smartphone race may be tightening up, and the Apple i anything may have lost some cache.
Apple ranked second in Interbrand’s recent Best Global Brands 2012 report, behind Coca-Cola and ahead of IBM and Google. BlackBerry was 93rd, having fallen a whopping 37 places in the time since the 2011 report.
YouGov says its data reveals that 43% of BlackBerry owners now expect to purchase another BlackBerry, up from just 18% in April-June of last year.
Founded in 2000, UK-based YouGov is an internet-based market research firm. The YouGov Group has 21 offices worldwide, and notable clients such as The Guardian, The Economist, The Huffington Post, and CBS News.
We Hate Paywalls Too!
At Cantech Letter we prize independent journalism like you do. And we don't care for paywalls and popups and all that noise That's why we need your support. If you value getting your daily information from the experts, won't you help us? No donation is too small.