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Analyst Claims Torch Sales Had No Meaningful Impact on AT&T Revenue

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A Pacific Crest analyst James Faucette claims that the BlackBerry Torch failed to make any significant impact on revenue between RIM and AT&T. In a research note he wrote: “We believe that the Torch has settled into a stable sell-through level while not meaningfully affecting BlackBerry’s overall revenue with AT&T despite rising average selling prices.

Pacific Crest claims that the Torch has cannibalized a substantial portion of Bold sales, and those who are still purchasing a Bold are doing so because of a preference for OS 5. To cap off a poor review of RIM’s device sales, Faucette writes: “We believe RIM is entering into a downward margin spiral.”
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