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RIM (RIMM -2.3%) gives back a portion of yesterday's gains after Citi's Jim Suva reiterates a...
RIM (RIMM -2.3%) gives back a portion of yesterday's gains after Citi's Jim Suva reiterates a Sell and argues shares aren't properly discounting the threat posed by cheap Android phones, particularly to emerging markets sales. Moreover, Suva believes enterprises "will take at least 4-6 months" to test BB10, and is unimpressed with RIM's management software in light of competition from Good Technology, SAP, and others. The remarks come as RIM officially launches BlackBerry Enterprise Server 10, which supports iOS/Android device management to go with BB10.
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