RIMM shares drop, some analysts remain optimistic

Posted
by
Simon Sage
on June 27, 2008, at 9:59 AM
in News
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Comments: 2 responses
2 Comments

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?

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  • KS

    I do not think the thier demise is on the horizon but they better step up thier game. They need to finally realize they need to support developers and provide real tools. They need to get into the device game faster with more “consumer” friendly devices. Apple will sell directly to the consumer rather than the carrier or enterprise. The push from the user base for the features that many seem to be silly or non-value added for the enterprise eventually can kill even the best device. If Microsoft and Apple have proven anything, it is more about marketing and application volume than it is about being the best.

  • KS

    I do not think the thier demise is on the horizon but they better step up thier game. They need to finally realize they need to support developers and provide real tools. They need to get into the device game faster with more “consumer” friendly devices. Apple will sell directly to the consumer rather than the carrier or enterprise. The push from the user base for the features that many seem to be silly or non-value added for the enterprise eventually can kill even the best device. If Microsoft and Apple have proven anything, it is more about marketing and application volume than it is about being the best.