wall street guy

Research in Motion: Unlike Apple, No Slowdown in Subscriber Growth

This is an absurd post. He uses rumors of an iphone production cutback and rumors of an iphone price cut to confirm his original belief that the iphone was priced too high to succeed in the market. This is the major thrust of the story.

There is simply no logic here. Current massive price reductions by one company (RIMM pearl at $90) are a sign of strength while future price reductions at another company (APPL iphone rumor) are a sign of weakness. And there is no mention that RIMM is not raising its revenue numbers. The real story is that both RIMM and AAPL are benefiting from exploding demand in advanced phones. The iphone is in such high demand that there is a hot black market for the device with people hacking them to run in markets not yet supported. Mentioning how the competition will catch up to the iphone while not mentioning how the market will catch up to a blacberry shows further bias. This blogger is a hack and should be ignored.