Monthly Archive for January, 2005Page 4 of 14

The Reason For T-Mobile’s Port 80 Block

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T-Mobile users were up in arms starting last month when T-Mobile started blocking port 80 outside email and the built-in browser. What this caused is 3rd party programs that communicated with the internet like Verichat or WebMessenger ceased working. Had a chance to talk with a T-Mobile rep and this is what he explained:

There were some changes made in the billing system a while back which in turn blocked Blackberry Web Client accounts from having full internet access (including port 80). Changes are in the works and all T-Mobile BB users should have full internet access targeted for early Feb.

Why No Apple Support

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Got this from a RIM employee, seems like their syncing software is developed by Intellisync. Intellisync is the leader in syncing software and has some big name partners including RIM, AOL, Palm, Microsoft, etc.

RIM currently does not offer a Mac version of the Desktop Software. To deliver synchronization of calendar, address book, tasks, and memo pad, RIM licenses Intellisync software from Intellisync Corporation. At this time, Intellisync does not offer a Mac version. There is currently no timeline set for the introduction of Mac versions of Intellisync or the BlackBerry Desktop Software.

Earthlink and SK Telecom Joint $400 Min Wireless Deal

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A natural evolution for Earthlink jumping into the US wireless market seeing that they already sell Blackberrys. Here is the article from Reuters:

SEOUL (Reuters) – EarthLink Inc., the No. 4 U.S. Internet service provider, plans to announce a $400 million joint venture with South Korea’s SK Telecom Co. to offer mobile services in the United States, the New York Times reported on Wednesday.

EarthLink will sell phone services using the networks of Sprint Corp. and Verizon Wireless, while SK Telecom will be a technical partner in the venture, the paper said, quoting an executive close to the deal.

EarthLink and SK Telecom, South Korea’s top mobile operator, will each contribute $200 million to the deal, the report said.

Palm CEO Calls It Quits

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PalmOne CEO Todd Bradle announced he would be leaving at the end of the quarter, February 25th 2005. Bradle has been on the job since October 2003. Investors did not take the news kindly: shares of the company ( traded under the ticker PLMO) fell an impressive 11% in after hours trading. Combined with normal trading on Monday, shares of PalmOne traded down nearly 15%.

Other bad news plaguing PalmOne lately include the lagging Treo 650 launch and a Q1 earnings warning. Rumor has it that Cingular Wireless will launch the Treo 650 on Wednesday.

NTP Telling Canada To Butt Out

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More lawsuit briefs, this one from the Toronto Star stating NTP wants Canada out of the proceedings.

NTP snapped back in a court filing on Monday, calling the government’s motion an inappropriate and belated attempt to protect a Canadian corporate icon.

“The appearance of a foreign government in the U.S. courts to advocate the narrow economic interests of one of its corporate nationals should, for good reason, be discouraged,” according to the NTP filing.

“Otherwise, the U.S. courts would be swamped with filings by foreign governments in support of their largest and most well-connected corporate citizens.”

Read the rest …

Credit Suisse: RIMM Stock Upside of mid-$70s

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After Barron’s recommended to short the stock, Credit Suisse comes out that the RIMM stock still has an upside to the mid-$70s. Just goes to show you how RIMM is and will be such a volatile stock in the near future. RIM is at a cross-roads, it is expanding fast but the competition is picking up quick with it’s own hardware offerings and the impeding patent-infringement lawsuit does not help at all. RIM is definantly doing the right thing by licensing it’s technology to 3rd party hardware vendors but is it too late?

Here is the article from Forbes:

Research In Motion (nasdaq: RIMM – news – people ), Credit Suisse First Boston maintained a “neutral” rating for the maker of handheld devices, saying the Blackberry will remain a core offering for mobile operators. “We believe the share price reaction to recent newsflow was overdone and see upside to the mid-$70s, but continue to expect high levels of volatility given the high valuation sensitivity to changes in growth expectations,” it said. Cingular’s recent formation of a Business Markets Group “highlights the increasing emphasis being placed by operators on the mobile enterprise market, which supports our view that Research In Motion’s addressable market will continue to see rapid growth over the next several years,” CSFB said. However, the research firm noted shares will likely be pressured in the near-term. “Competitive pressures are likely to increase as 3G networks are more widely deployed, limiting upside to already aggressive long-term expectations.” CSFB lowered its 12-month price target to $75 from $85 and said it expects mixed news over the next few months. “While we expect new Blackberry-enabled handset announcements and additional operator launches to serve as positive catalysts over the next few months, we also expect to see operator announcements of enterprise mobile data service launches utilizing competing platforms, highlighting the likelihood of increasing competitive pressures over time.”