Everyone from the self employed, to small businesses, to large enterprises incurs expenses, and Exgis is there to track them. Using their web-based software, which is available anywhere with an internet connection, you can input and track expenses, and even automatically convert prices into your home currency if you’re out of the country. Their mobile version, available exclusively on BlackBerry, has all the features of the web-based software but allows you to input expenses as they happen rather than days later. Their booth at WES should be well worth visiting, and hopefully we’ll get to see even more features.
Tag: financePage 4 of 5
WES Exhibitor Spotlight: Exgis
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Find yourself spending a little beyond your means? Bankarama just announced a BlackBerry-compatible client which will let you track your purchases and make sure you don’t go over your limit. The software supports multiple accounts, lets you export data to Excel, and with a well-designed layout, makes managing your balance especially easy. If you’re interested, give it a shot.
Our buddies at Virtual Reach have a few new channels available for subscription on their free RSS reader: one is a customizable ESPN sports feed and another for exchange rates. Getting exchange rates on the go is just plain handy, especially if it’s folded into something you’re already using (you are already using BlackBerry Cool to Go, right?), but the customized sports feed is certainly something new that could seriously expand the usefulness of Viigo’s channels. Instead of cruising through the folders and finding the stuff you like, being given the option to make your own ensures that you get the content you want. We’re really hoping that Virtual Reach brings this kind of thing to more of their channels.
With all the focus lately on Apple and the iPhone, it’s easy to forget that RIM has other, likely more serious, threats to their enterprise smartphone dominance. Sure, Motorola is in a bit of financial trouble, and Microsoft is burdened by the albatross that is Windows Mobile, but what about Nokia? Large, powerful, Finnish… Sounds like competition to me.
Nokia recently announced their Q2 financial results, and the results are good. The company reported a 28% jump in net sales to $17.2 billion USD, along with a rise in operating margin from 15.3% to 18.7%. Their net profit jumped to $3.87 billion USD, compared to $1.56 billion a year previously.
But what’s most staggering are their device numbers. True, not all of their devices sold are competitors to the BlackBerry, but it’s hard to argue with 100 million devices worldwide and 38% of the total global device market.
It seems like Canada’s largest carrier continues to roll, with a strong Q2 increase in revenue and profit. The Toronto-based telecom increased revenue by 16% to 2.5 billion CDN, and consolidated operating profit also improved by 20% to 898 million CDN. Interestingly, the company posted a net lost for the quarter, due to the introduction of a cash-settlement feature for stock options, which resulted in a one-time C$452 million non-cash charge to earnings (talk about taking one in the bread basket).
Of course, Rogers is still nowhere near the size of its American compatriots, but Ted Rogers has to be happy with what he’s seeing. Maybe he can use his company’s growth as leverage to get the iPhone above the 49th parallel sooner rather than later.
(With Thought asking the best question of the week already in his editorial, it seemed best to make this the Weekly Contest. Whomever posts the best comment will receive 3 free games (!) from Bplay. LAST WEEK’S WINNER was JEF, who thinks Wi-Fi could be a win-win for everybody. ed.)
Interesting report coming from financial analysts the Motley Fool today. It seems that the Fool’s investor community has given a 1-star CAP rating to the boys and girls at RIM. This is despite the fact that RIMM is currently being traded at 222 USD, well above their 3-month high, and recently posted a ‘knock one out of the park’ quarter.
Most of the Fool’s concern seems to be based around the iPhone and other devices encroaching upon BlackBerry market share. I think these are completely valid concerns. However, for a company that has continuously met or beaten expectations, aren’t we shortchanging RIM a bit here? It’s possible that RIM’s stock is overvalued, and it’s true that no company can be bullish forever, but have we seen any indication at all that RIM’s slipping? I don’t think so. Maybe this is what Jim Cramer meant when he talked about pushing down RIM’s reputation in order to make mad money.
Check out Fool analyst Matt Koppenheffer’s analysis after the jump, and post a comment to let us know if you think analysts are giving RIM a raw deal.
