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Research In Motion (RIMM -5.5%) sees more pain on the second day of its BlackBerry World...

  • Wednesday, May 2, 2012, 12:31 PM ET
    Research In Motion (RIMM -5.5%) sees more pain on the second day of its BlackBerry World conference - reviews for the first day were largely downbeat. Among today's critics are Wedge Partners, which thinks BlackBerry 10 is arriving 3 years too late to matter, and Jefferies, which expects a collapse in BB7 sales ahead of BB10's launch. Meanwhile, RIM is touting the BlackBerry's strength in emerging markets such as Nigeria and Indonesia. (also)
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This news story has 4 comments:

  • For the life of me I don't see how anyone can be bullish on Rimm. I agree with the analysts, the successful phone companies are going to be innovators and lead in introducing new phones not play catchup like Rimm is doing. That BB10 needed to be introduced yesterday not late 2012.
    2 May 2012, 01:17 PM Reply Like
  • Largely agree with the Jefferies analysis, though I think it is too obvious. Even the CEO hinted that sales of existing devices were expected to decline, by stating that there would be no guidance for the next several quarters. Leading into the launch of BB10 phones, RIMM will need to decrease existing device inventory.
    2 May 2012, 03:14 PM Reply Like
  • I am a retired business man, happy to be above ground and enjoy reading and receiving important comments from my many publications.
    Tahnk You
    2 May 2012, 03:44 PM Reply Like
  • RIMM should move the launch of the BB10 ahead to December 1 ,2012 or they will lose sales to competitors who will get all the Christmas Smart phone gift buyers. Thorsten may think this isn't necessary for the BB10 but it really is going to be a factor for the company. Gift orders for the BB10 should be ready for Christmas or else it'll be too late kapiche.
    15 Aug 2012, 12:58 PM Reply Like
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