Smartphone Buyers Say "Do Not Want!" to BlackBerry
That's gotta hurt. A Raymond James poll, made public earlier today, lets BlackBerry know in no uncertain terms that consumers want nothing to do with its products. More than 250 people replied to the poll, which asked about the features that might drive the purchase of a new smartphone -- with a twist: One answer allowed people to say they would never consider buying a certain brand. More than 71% of all responses had no interest in BlackBerry at all, compared to 31% for Google's Android phones and just 20% for Apple's iPhones. This may be good news for Apple as much as it is bad news for BlackBerry, as the iPhone maker has often drawn polarizing responses from consumers. However, it's worth taking this survey with a grain of salt, as a statistically valid survey will inevitably have more than 1,000 responses -- not just 250.
This sentiment smackdown arrives on the heels of another survey, released two days ago by MKM Partners and Barron's, showing that 83% of American consumers weren't even aware of the launch of the BlackBerry 10 operating system (along with the Z10, a phone that has its fair share of domestic problems). This survey polled more than 1,500 people and had similar results to the Raymond James poll in terms of preference, finding that 68% of American consumers weren't interested in a Blackberry 10 phone at all. Between these surveys and recent reports of Z10 returns outpacing Z10 sales, it should be small wonder that BlackBerry slid lower throughout today's trading session.
ITG analyst Joe Fersedi noted that the Z10 launch was lousy and only got worse, with sales in line with older BlackBerry models. The Z10 initially claimed 4% share of the sales in Verizon stores and 7% in AT&T stores, but now its share of those carriers' sales has shriveled to 1% and 2%, respectively. Detwiler analyst Jeff Johnston noted that he had never seen a launch where returns exceeded sales prior to the Z10. On the other hand, Johnston expects BlackBerry's keyboard-equipped Q10 to perform better. At least BlackBerry has a niche. Will this optimism bear out in light of the reported dislike of the BlackBerry 10 OS?
However, if you're one of the rare few consumers champing at the bit for a brand-new BlackBerry, you're in luck! While the Z10 launched with a $199 sticker price, Amazon.com has already decided to lower its price for a Z10 with a two-year contract with either AT&T or Verizon to just $99. What a steal! Even if you were one of the few people who bought a Z10 and don't want to return it, Amazon will even give you a $50 credit -- with some possible caveats, so (repeat) buyer beware.
Will you be picking up a new BlackBerry, or are you one of the 71% saying "Do not want!" to the Canadian smartphone maker?
Is BlackBerry's pain Apple's gain?
There's no doubt that Apple is at the center of technology's largest revolution ever and that longtime shareholders have been handsomely rewarded. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on reasons both to buy and to sell Apple, as well as what opportunities remain for the company (and your portfolio) going forward. To get instant access to his latest thoughts on Apple, simply click here now.
The article Smartphone Buyers Say "Do Not Want!" to BlackBerry originally appeared on Fool.com.Fool contributor Alex Planes holds no financial position in any company mentioned here. Add him on Google+ or follow him on Twitter @TMFBiggles for more insight into markets, history, and technology.The Motley Fool recommends Amazon.com, Apple, and Google. The Motley Fool owns shares of Amazon.com, Apple, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.