RIM’s fiscal Q3 2009 statement has been filed and the investor conference call is about to begin. Join in as we liveblog the hell out of it.
RIM conference call live blog!
Tag: investor
LIVE BLOG: RIM Conference Call
1 Comment
It’s not uncommon to find two opposing financial analysts on RIM’s stock in even the best of times, so it should come as no surprise that during the current global economic crisis we can’t get two analysts to agree on anything.
First we have Apple shareholder Howard Lindzon of Knight’s Bridge Capital, who is not so much down on RIM as he is long on Apple. However, he does state that RIM is “chasing Apple”, and should not cannibalize their sales with the BlackBerry Bold and Storm, but rather focus on improving the BlackBerry Curve. Hmmm. (via Yahoo!)
Continue reading ‘Two very different takes on RIM’s stock’
We talked with Rick Segal from the $150 million BlackBerry Partners Fund recently to go over the broad strokes of the venture capital initiative, as well as some of the finer points about the firm’s goals and their partners. Currently, they’re taking applications not just for BlackBerry developers started, but any mobile software projects. With the iPhone and iPod App Store in full tilt, this is a ripe opportunity for entrepreneurs to tap not only the lucrative BlackBerry scene, but all mobile platforms. Any developers out there who really want to catch the the Partners Fund’s eye should check out the competition they’re running at the BlackBerry Developer Conference in October, where winners will get upwards of $150,000 in investment prizes…
The BlackBerry Partners Fund was announced back at WES, and humming along quietly in the background, chatting with some 1,5000 hungry, young developers who wanted some of that $150 million investment fund.
[Kevin Talbot, RBC vice president and co-manager of the BlackBerry Partners Fund] says the unexpectedly large response from developers to the fund threw operations out of gear but says it is now back on track. ‘Since the fund was announced, we have been deluged with opportunities,’ he says. ‘We have lagged a little bit behind because of that.’
Progress is being made, as they will soon be announcing the first three to four companies to get $2-$5 million infusions. A new site will be launched on August 15th. to better inform interested parties about the opportunity and how to apply. With the iPhone App Store now in full swing, Apple’s $100M iFund is looking all the juicier to mobile developers, but there’s one thing that the BlackBerry Partners Fund has that iFund doesn’t – platform agnosticism. That’s right, you don’t have to develop for BlackBerry to get in on the fund, it just has to be mobile software. RIM is staying out of the decision-making process altogether, and leaving it to RBC and JLA to handle the meat and potatoes of the operation. Of course, if you’re chosen, RIM’s throwing in BlackBerry Alliance membership, which makes working on the platform all the easier. One of the partners had a great guest post on BerryReview that’s worth a read if you’re seriously interested in the fund. Keep an eye on www.blackberrypartnersfund.com for the big update.
(via TheStreet)
So, we listened in on the talk from Edel Ebbs, RIM’s VP of Investor Relations at the RBC Technology, Media and Communications Conference today, and she had a few interesting things to say regarding the expanding consumer segment, the importance of fixed-mobile convergence, and future drivers for growth. The majority of sales still rely on hardware, but software and services revenue definitely helps. Edel went on to talk about RIM’s growing branding strategy, which we can see today in their latest advertisements showing off the BlackBerry device as an all-encompassing lifestyle choice, and is just the beginning of a bigger push in the last half of the year. That’s of course a good segue way into their consumer push…
If you’d like to hear the conference talk for yourself, head on over to RIM’s investor relations site…
…otherwise, peek under the jump for the run-down.
Edel Ebbs, VP of investor relations at RIM, will be talking at the RBC Technology, Media and Communications Conference in San Francisco tomorrow at 11:30 PST. After a significant build-up for the Bold and lots of other devices in the woodwork, it might be worthwhile to hear right from the horse’s mouth what all the progress means for shareholders. If it’s something you want to talk a listen in on, you can check out the webcast right over here.
