Along with turning negative on Motorola Mobility (MMI), Credit Suisse flips on Research In...


Along with turning negative on Motorola Mobility (MMI), Credit Suisse flips on Research In Motion (RIMM +5.5%), downgrading to Neutral - and CS was one of the last remaining RIM bulls. "Innovation is coming too slowly," the firm says, and RIM could be punished if and when Apple (AAPL) comes out with its rumored low-end iPhone.
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Comments (3)
  • Dalrymple Finance
    , contributor
    Comments (50) | Send Message
     
    Well, that's a timely call on RIMM.
    21 Jun 2011, 01:15 PM Reply Like
  • kmi
    , contributor
    Comments (4579) | Send Message
     
    RIM is in the process of remaking itself to compete in a new world by adopting a new base OS and switching from Marvell low speed processors to chips from QCOM and TI that are comparable to the competition's. Innovation -was- too slow but when transition is complete RIM's new devices will be ready to compete with the best from any of its competitors.

     

    That won't happen unfortunately before the end of 2011 or early 2012.
    21 Jun 2011, 01:54 PM Reply Like
  • Chris Lau
    , contributor
    Comments (3966) | Send Message
     
    I believe the only Android phone maker that makes money is...HTC. So MMI is not a good investment by any means.
    22 Jun 2011, 09:43 PM Reply Like
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