Research In Motion Shares Up on Outstanding 4Q Results

Investors were piling into Research in Motion Ltd's (RIMM) shares Thursday morning after the company reported another round of stellar quarterly results. The stock was up C$5.57 to C$123.20 at noon yesterday.

The BlackBerry maker beat analyst expectations when it reported a 102% year-over-year revenue increase of $1.88-billion and profit of $412.5-million or $0.72 per share.

RIM also guided higher than the Street for its 2008 first quarter results, forecasting sales will double to as much as C$2.3-billion, with profits climbing to as much as C$0.86 a share.

Comments

[User 172133]

RIM sales growth is decreasing, this quarter's increase was only $210 million, 12.5% as compared to $300 ml, 22% for the Dec Q, $278ml or 25% in the Sept quarters and $950ml or 100% for the year ago Qtr.



Quarterly sales Increases have decreased, is it because of the Recession or Competition??



100% GROWTH is Long Gone, how can RIMs sales double from $6bn to 12bn, when the quarterly sales increase was only $210 ml? They would need a quarterly increase of $1.5 bn for sales to double from here. The $210ml increase is a long way off.



Total Sales for the 12 months equaled $6bn, and RIM is currently valued at $70bn, 11+ times annual sales-Priced to more than Perfection.



RIMM HIGHLY OVERVALUED_


Who would buy RIM, with sales of $6bn for $70 to 100+bn??? For earnings of $1bn? A Potential buyer could invest that $70-100bn at 6% and earn almost as much as RIM has in sales and more than RIM earned it its lifetime.


Sales-Qtr, Increases, % of Increase

QTR Ended.--SALES/ml.. INCR/Q...% INCR/Q

Mar 3, 08...$1,880........210ml.....12.5%
Dec 3, 07...$1,670........300ml....22%
Sept 3, 07..$1,370........278ml....25.%
June 3,07.....1,082.....151.5ml....16.3%
Mar 3, 07........930........ 95.3....11.4%
Dec 2, 06........835.......176.6....26.8 %
Sept 2, 06.......658....... 45.4......7.4%
Jun 3, 06.........613....... 51.8......9.2%
Mar 4, 06........561......

HUGE INCR IN MKT VALUATION, SMALL INCR IN SALES .
Sales for 12 mos ending Mar 3, 2008..........$6.0bn
Sales for 12 mos ending Dec 3, 2007.........$5.1bn



Sales Incr for the 12 Mos Ended Mar 3, 2008........$900ml



Val'n Incr'd over $12 billion in past few weeks.

[Ken Singh]

RIM Offers Scary Solution To India
April 7th, 2008 by Ronen Halevy
I have been trying to stay on the sidelines of this whole RIM security issue with India. Personally I originally thought it was a big hoax to get RIM to open a NOC in India to create more Indian tech jobs. RIM’s proposed solution to the problem is kind of interesting. It seems like Google and other companies that RIM has just acceeded to Indias demands so they don’t lose business in that country.

The interesting part is that they are not doing the same solution they provided to the paranoid governments of China and Singapore. In those countries RIM setup a proxy where email and data was stored for 6 months for monitoring.

RIM will provide translation or encryption codes to the government to monitor email among BlackBerry users

India can monitor e-mails, voice and SMS data sent from a BlackBerry to any other mobile phone or other email address but not between two BlackBerrys

They will propose the solution on April 9th to Indias intelligence agencies

I just thought I would pipe in for all out Indian readers to get on a BES or start using S/MIME or PGP for your confidential emails. Big Brother is watching… & RIM is helping them