At this point, nobody knows what the future holds for Research In Motion Ltd (NASDAQ:BBRY) BlackBerry. The company is releasing new smartphones regularly, such as the upcoming A10, while also touting its BlackBerry 10 operating system as the next big thing. We have covered this in great depth, including this surprising piece (check it out here) from earlier in the week.
Now, we are going to talk a bit about independent analyst Ed Zabitsky of ACI Research. More specifically, we want to look into why he is bullish on BlackBerry at the present time.
CrackBerry has covered this story in great depth, providing some solid information on Zabitsky. Here is what you need to know:
“It’s worth pointing out that Zabitsky is not your typical analyst. Not only because he runs his own firm and doesn’t do any trading or investment banking for clients. But also because he picks stocks almost exclusively based on technology product transitions. This means he doesn’t do so-called “channel checks” or anything remotely close to this. Instead, he works way harder than anyone I know to deeply understand the moving parts in the tech industries that he covers. Usually this means he can talk to you for hours about topics that Wall Street analysts don’t understand at all.”
As you can see, Zabitsky is not your run of the mill analyst. He takes a unique approach to the market, and has no problem putting in the time. For this reason, when he speaks about Research In Motion Ltd (NASDAQ:BBRY) it is important for people to listen up.
At this point, you may be wondering why Zabitsky is bullish on Research In Motion Ltd (NASDAQ:BBRY) BlackBerry. The reason for this is simple, and it doesn’t have anything to do with the company’s smartphone offerings.
Instead, he feels that the company’s cross platform BBM, which will soon be available for iOS and Android, is primed to do big things in the near future.
This is an interesting stance, when there are so many who don’t feel the same about the future of BlackBerry. Only time will tell if Zabitsky is right, or if he has put too much stock in what cross platform BBM will bring to the table.
We are going to keep a close eye on this story, as things are just now heating up with Research In Motion Ltd (NASDAQ:BBRY).