RIMM shares drop, some analysts remain optimistic

End is nearSo the quarterly results are clearly hurting RIM’s stock, which dove to $116 this morning, but some analysts agree that the mediocre Q1 report is just a calm before the Storm Thunder. A lot of new products are on the way from RIM which demand R&D and marketing dollars now for successful launches later this year, causing many to brush off this quarter’s performance. Of course, the confirmed AT&T delay makes us wonder how much wind the 3G iPhone will take out of the BlackBerry Bold’s sails. What do you guys think? Is this just a slump before the big show, or a sign of the End of Days for RIM? Do lower stock prices make now a perfect time to buy?

Posted by Simon Sage in News

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