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Research in Motion 4th Quarter Fiscal 2010 Conference Call Summary


RIM gave their 4th quarter fiscal 2010 conference call, and the reaction wasn’t great. It seems a lot of analysts and individuals who follow the industry are taking RIM’s focus on net subscribers coming from outside of North America as a sign of weakness. Overall, things aren’t looking bad for RIM considering net subscribers is up (higher than expected) and earnings rose 37%. Sure, revenue may have fell a little short of the $4.31 billion expected, but that’s easily attributable to the fact that RIM offer a wide-range of affordable smartphones, and consumers are naturally going for a low price due to tough economic times. RIM’s global, carrier-aligned, mixed product strategy is going to take them to places the competition can only dream of.
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