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New Blackberry is Out, But Not As Good as Apple's iOS

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  • Description

    Jefferies & Co. analyst Peter Misek on the new Blackberry operating system.

  • Duration 2:52
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This transcript is automatically generated

Sandra thanks so much -- -- Our research -- -- new Blackberry operating system is good but perhaps not good not that is according to Peter -- Jefferies who reiterates his underperform.

Rating with -- five dollar price target that is rock Peter thanks so much for joining us.

Thanks from so you you got a sneak peek at the operating system right.

Yeah actually have a here in my hand it's -- -- unit it's it's designed for developers for them to develop on the platform.

We use it for about a month -- it's a great improvement to what you have right now if you are black per -- But we don't think it's as good as -- OS six the new.

Apple operates the for the iPhone and we think it's only as good as android so.

We think that may not be good enough for them they've they're gonna have a tough tough road ahead of them if if we're right about.

In a year -- -- generate some headlines and are being credited with the upward move in Research in Motion shares today by a pointing -- that Samsung might it could suitor for Research in Motion tell us more about that.

But we think Samsung's at a crossroads we think because Samsung.

Management has acknowledged that they're beholden to Google they're nervous about who competed with them directly -- now making Google nexus seven tablet.

Obviously haven't bought Motorola is gonna continue to make Smartphones.

And frankly they've been underwhelmed by Microsoft's operating system so.

For them they need to get the there -- their own destiny in our hands in the future.

Otherwise they can find themselves and then a difficult spot and we think they're really Smart rethink they've recognized the need to owns the allow -- to be better software and have a handful of options and one of them is so licensed -- tenor or Byron.

-- my mind around this stock in this company because everyone trashes Research in Motion and the Blackberry you know you're saying it's gonna go down -- five -- which is another big slide from here at the same time.

We all still have blackberries and I mean -- are so sticky and they're ubiquitous in the business world at least even though.

You know for personal use I I -- of course everybody has an iPhone.

But we still -- these -- do you also there's going to be back on UN there how did they unlock that how does this story and.

They have to -- -- by realizing their sub scale manufacture focusing on not.

Messaging application focusing on software allowing someone else -- the -- that's what Sampson would be just a great fit they make the most Smartphones in the world.

They'd be scale they be able to make really sexy devices and rim could do it does best give you the best messaging best -- Application out -- what's the likelihood that lesson here by.

-- I -- which we think that's.

Ha ha thank you we think this strategic reviews coming to an end so.

We think this strategic review will conclude they got -- -- they got a partner.

We think that's gonna happen here in the next 46 weeks.

-- Peter thanks so much for your insight we appreciate it that's the -- the next thing but not the acts and that's the problem.

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