Really? Just the investors? Thanks to this the tipster with the weird screen name “WoodyLovesTheBoss”, we’re pointed to this article on Yahoo that says what not one of you were thinking: “Investors Overreacted to Apple’s Threat to Research in Motion, Analysts Say”. The article notes that the BlackBerry won’t lose it’s dominance in the market amongst businessfolk because the iPhone is targeted toward the consumer market. Sure, it starts that way, but will it stay?
Yesterday saw the majority of mobile stocks take a bit of a dip – heck, RIM’s stock went down almost 8%, but that, as stated, should be no cause for concern.
“The sell-off in Research in Motion stock is overdone,” Merrill Lynch analyst Vivek Arya wrote in a client note. “We think Pearl’s momentum can continue and will further accelerate.”
Who agrees with this? …anyone?