NEW YORK, March 7 (Reuters) – Piper Jaffray on Monday reduced its rating on BlackBerry wireless e-mail device maker Research In Motion Ltd. to “market perform” from “outperform,” citing increased competition.
Via Reuters
Staff Picks
Staff Picks - Best Games/Themes
BerryWeather
$9.95
The NYT Crosswords Daily
$2.99
Texas Hold'em King 3
$4.99
AddOnis
$9.95BBCool AppStore
Email Updates
I don’t think Apple is a problem because you don’t mention who the competition is that’s to threaten the blackberry. Microsoft will have to spend a lot of that free cash to beat RIMM.