Seeking Alpha

More on Research In Motion's FQ4: 500K PlayBook tablets shipped - improvement from FQ3's 150K,...

More on Research In Motion's FQ4: 500K PlayBook tablets shipped - improvement from FQ3's 150K, but still a small figure. Total BlackBerry subs rose over 2M Q/Q to 77M+, below expectations for a 4M gain. In spite of 25% revenue drop, R&D/SG&A expenses only fell 5% Y/Y, adding to margin pressure. RIM is reviewing "strategic opportunities" such as partnerships and licensing deals. RIMM to resume trading at 5:10 ET. (PR)

Check out Seeking Alpha’s new Earnings Center »

From other sites
Comments (1)
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    So using their user numbers from November 2011, they only gained about 2million users. That means most of the 11,1million units went to existing users. With the smartphone market projected growth at least 18% annually for the next few years, growing at less than 2% new users is really missing the boat.

     

    I'm listening to CEO Thorsten Heins. Finally he is really calling it like it is and saying what many of us have expected to hear. It remains to be seen if he can launch BB10 and catch the smartphone growth train, but I have more confidence in him doing that than the previous co CEOs.
    29 Mar 2012, 05:18 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs