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Canaccord's Mike Walkley is slashing his estimates for Research in Motion (RIMM), after his...

Canaccord's Mike Walkley is slashing his estimates for Research in Motion (RIMM), after his checks indicate "slowing sell-through trends" for its latest phones. Perhaps more troubling, given RIM's relatively strong international position, are his remarks about international checks indicating slower sales of low-end BlackBerrys, thanks to competition from Nokia's (NOK) Asha phones and low-end Android devices (GOOG).
Comments (3)
  • The (RIMM) upgrades this week - at least 3 - look like shot in the dark calls. BBOS7 is selling well but android is doing better, 4S is strong, and nokia's WP7 is a threat (less so in North america though).
    18 Nov 2011, 09:28 AM Reply Like
  • Seriously? Bottom must be close if these guys are throwing in the towel!
    6 Dec 2011, 09:34 AM Reply Like
  • Time for a takeover bid for RIM if there ever was one..70 million users and highly profitable makes it a likely target...
    7 Dec 2011, 09:06 AM Reply Like
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