RIM Q2 financials round up!!

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UPDATE: MARKET REACTION TO RIM’S Q2 RESULTS

UPDATE: A SUMMARY OF JIM BALSILLIE’S COMMENTS DURING THE INVESTOR CONFERENCE CALL.

UPDATE: RIM’S STOCK PLUMMETING IN AFTER HOURS TRADING.

UPDATE: GO HERE TO READ THE COMPLETE CONFERENCE CALL LIVE BLOG

UPDATE: RIM’S Q2 FINANCIALS ARE NOW UP!!! GO HERE.

Today is a big day for RIM, which is releasing a limited Q2 financial earnings report today as soon as the market closes. We’re not very far off from the announcement, but we thought it best to round up everything the financial wonks are saying about the boys and girls from the ‘Loo today. View some key RIM Q2 financial metrics after the jump.

Yahoo! Finance: RIM Q2 Preview: High Hopes for New BlackBerries?

CNBC: RIM Preview: You Want to Take This Call

MarketWatch: Research In Motion to see jump in earnings, costs

CNN Money: RIM’s blooming smartphone growth faces a wilting economy

RIM Q2 Key Metrics:

Q2 Revenue: $2.60 billion consensus
Q2 EPS: $0.87 consensus
Q2 Net Sub. Adds: 2.6 million (RBC, AmTech), 2.7 million (Citi)
Q2 Device Shipments: 6.1 million (AmTech, Citi), 6.3 million (RBC)
Q3 Revenue: $2.95 billion consensus
Q3 EPS: $0.98 consensus
Q3 Net Sub. Adds: 2.9 million (Citi), 3+ million (RBC), 3.3 million (AmTech)
Q3 Device Shipments: 6.9 million (Citi), 7.4 million-7.5 million (RBC), 7.8 million (AmTech)

  • David R.

    Funny how nobody wants to comment on the ugly truth that RIM has in the past 60 days lost half its market cap and 25 percent in the past 24 hours alone. The reason, as RIM executive admit, is clear: Too little, too late.

    Put the Bold, Storm, Javelin and Pearl Flip together and RIM still has no iPhone killer in the bunch. They got cute and split key features——3G, GPS, WiFi, Touchscreen, physical keyboard, etc.——among various devices. In the process, not one single device offers the awesome “ultimate BlackBerry experience” we all want and that RIM needs to compete with the iPhone.

    A “great but not game-changing” Bold doesn’t cut it for business customers. A touchscreen with haptic feedback marketed to a consumer touchscreen market that Apple owns doesn’t cut it. The Pearl Flip and Javelin Curve—-which I’m going to get——are even less eveolutionary.

    Now RIM will have even LESS money to develop the iPhone killer it should have introduced this past summer. Meanwhile, Apple will continue to upgrade the iPhone features and offer new products —— just wait until Oct. 14, three weeks from now, when a new product announcement will completely wipe the very thought of a new BlackBerry away from the consciousness of the American consumer, weeks before these new BlackBerries appear!

    There’s a reason RIM has been leaking all these screenshots in recent weeks, fanboys. It’s because they know they’ve blown the rollout —— weeks behind slipped into months behind and now YEARS behind Apple — and that people who have actually used the Bold, Storm, etc. say they’re nice but “that’s all?”

    No game-changer in the bunch.

    RIM execs know it. The market knows it. But you, fanboys, are in denial.

  • David R.

    Funny how nobody wants to comment on the ugly truth that RIM has in the past 60 days lost half its market cap and 25 percent in the past 24 hours alone. The reason, as RIM executive admit, is clear: Too little, too late.

    Put the Bold, Storm, Javelin and Pearl Flip together and RIM still has no iPhone killer in the bunch. They got cute and split key features——3G, GPS, WiFi, Touchscreen, physical keyboard, etc.——among various devices. In the process, not one single device offers the awesome “ultimate BlackBerry experience” we all want and that RIM needs to compete with the iPhone.

    A “great but not game-changing” Bold doesn’t cut it for business customers. A touchscreen with haptic feedback marketed to a consumer touchscreen market that Apple owns doesn’t cut it. The Pearl Flip and Javelin Curve—-which I’m going to get——are even less eveolutionary.

    Now RIM will have even LESS money to develop the iPhone killer it should have introduced this past summer. Meanwhile, Apple will continue to upgrade the iPhone features and offer new products —— just wait until Oct. 14, three weeks from now, when a new product announcement will completely wipe the very thought of a new BlackBerry away from the consciousness of the American consumer, weeks before these new BlackBerries appear!

    There’s a reason RIM has been leaking all these screenshots in recent weeks, fanboys. It’s because they know they’ve blown the rollout —— weeks behind slipped into months behind and now YEARS behind Apple — and that people who have actually used the Bold, Storm, etc. say they’re nice but “that’s all?”

    No game-changer in the bunch.

    RIM execs know it. The market knows it. But you, fanboys, are in denial.