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Research In Motion's (RIMM +1.9%) estimates keep heading lower. The latest to cut is RBC's Mark...

Research In Motion's (RIMM +1.9%) estimates keep heading lower. The latest to cut is RBC's Mark Sue, who thinks RIM will sell just 9M BlackBerrys in the May quarter, down from 11.1M in FQ4. Sue thinks RIM is in danger of seeing its global smartphone share fall below 5%, and that its loss of scale will lead to further operating margin erosion, with cash burn possible next year.
Comments (7)
  • Mike123456
    , contributor
    Comments (7) | Send Message
     
    Who cares about the past or the current. Its all baked into the price. It is now the future that counts.
    Buyers of RIMM during max negative sentiment have profited while buyers of Apple at max positive sentiment have lost.
    30 Apr 2012, 06:50 PM Reply Like
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    This is next PALM. I will give two years.
    30 Apr 2012, 07:01 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8167) | Send Message
     
    Which will file Chapter 7 first:

     

    Nokia or RIM?
    30 Apr 2012, 07:50 PM Reply Like
  • scott trader
    , contributor
    Comments (4530) | Send Message
     
    one white knight msft has ridden into the sunset...
    30 Apr 2012, 09:56 PM Reply Like
  • Alpha Crazy
    , contributor
    Comments (378) | Send Message
     
    if RIM does what ihave suggested to them for months now; all this negativity will go away and we see a stock jimp significantly higher and value unleashed.
    30 Apr 2012, 11:35 PM Reply Like
  • Matithyahu
    , contributor
    Comments (95) | Send Message
     
    I'm sorry, but I just can't take anybody who thinks that RIM will have a cash burn next year seriously, without mentioning the occurrence of 1 of 2 events:

     

    Either RIM has a successful BB10 launch, or they don't. Predicted sales of older units in the next quarter is just a lame statistic that doesn't take into account the full picture of what the company is doing.

     

    If they do, then I have a hard time seeing this "cash burn" for 1 very simple reason: this last fiscal year saw the company running to development projects simultaneously, whereby they were upgrading to BB7 for existing platforms, and developing QNX for the new platform. And they STILL generated $2.9 billion in operating cash flow. I would have to see the make up of their CAPEX to understand the $3.9 billion in investing activities.

     

    R&D expense was very high this year, and last.

     

    Basically, it's like this--either they put out a touch screen phone that is on par with iPhone, Galaxy 2, etc., or they don't. If they do, then I see no reason why the company should be in trouble. If they don't, then they are in trouble, for two reasons--first, they would have spent a lot of money to fail. Second, that means they simply can't get it together.

     

    But wait until they give an update to the QNX process this month.

     

    M@
    1 May 2012, 02:37 AM Reply Like
  • georgphe
    , contributor
    Comments (7) | Send Message
     
    lets be objective :

     

    which company ever managed it to sell a product while they are telling the buyer that it will be be old in about half year time.

     

    It might work in emerging markets but in 1st world countries - impossible. only business customers will buy.

     

    That is what everyone hast to take into consideration.

     

    Are their any reports that iPad 2 sales went down before the release of iPad 3? . . . Yes. . . so that tells everything because here we see a new system that will not be running on the "old" os7 devices
    1 May 2012, 03:47 AM Reply Like
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