RIMM or not to RIMM

Discussion in 'Stocks' started by FAST.AM, Oct 3, 2007.

  1. Neodude

    Neodude

    Looks like their 2nd Qtr numbers were good...

    -Neo
     
    #11     Oct 4, 2007
  2. 93 now
     
    #12     Oct 4, 2007
  3. Trading all over the place...
     
    #13     Oct 4, 2007
  4. FAST.AM

    FAST.AM

    Yes beat the top of the estimates..
     
    #14     Oct 4, 2007
  5. FAST.AM

    FAST.AM

    Whisper ® number was $0.52 per share.
    THIS IS A PROBLEM


    Thursday, October 04, 2007, 4:05:27 PM ET
    Research in Motion (RIMM) reported second quarter earnings of $0.50 per share on revenue of $1.37 billion. The consensus earnings estimate was $0.49 per share on revenue of $1.36 billion for the quarter ending August 31, 2007. The Earnings Whisper ® number was $0.52 per share.
     
    #15     Oct 4, 2007
  6. Is this good or bad for AAPL?
     
    #16     Oct 4, 2007
  7. FAST.AM

    FAST.AM

    Apple is fine.

    RIMM did well. The phone growth story is stellar.

    RIMM is a business product...

    APPLE is retail consumers product...

    I dont think apple has crossed in to RIMM yet
     
    #17     Oct 4, 2007
  8. Also on Thursday, a gadget blog called The Boy Genius Report ran a photo of what it claimed to be the BlackBerry 9000, a touch-screen device that the site speculated would be for release sometime early next year. A representative for Research In Motion wasn't immediately available to comment. Visit the site.
    Rob Sanderson of American Technology Research said the Boy Genius site has provided reliable information about RIM products in the past.

    http://www.marketwatch.com/news/sto...0DD-1659-4ADC-92CA-26B960E34675}&siteid=yhoof




    This maybe adding more fuel to the fire. Also Verizon has its own touch screen phone now. Maybe thats bad for Apple.
     
    #18     Oct 4, 2007
  9. But I think they are stealing market share from each other.
     
    #19     Oct 4, 2007
  10. FAST.AM

    FAST.AM

    I think APPLE would steal market share from say Nokia on the Retail side. For now

    Business side is harder to penetrate from apple point on view because

    RIMM integrates well with outlook corporate programs etc..
    Corporate governance takes time to warm up to this.

    But a say watch out RIMM...
     
    #20     Oct 4, 2007