rich168

Research In Motion Not Likely to Spend $1.2B on Share Repurchase Program

Yes smartphones will be growth as wealth grows over ASIA, LatAM.
But people buying smartphones won't buy one for Push email which is RIMMs bread and butter.

They are used to SMS. Push emails are useful for Managers, CEO, CFO. But for consumers. SMS is enough.
I still don't see a paradigm shift.

In Europe which is GSM. SMS still out paces email push.

smartphones will offer services such as mobile internet, search, location/navigation(GPS), social networking.
In other words more than just push email.

Recently RIMM acquired a software company making a mobile web browser. I think they have realized their weakness.


On Nov 09 09:49 AM User 493712 wrote:

> Hi Rich168,
> I partially agree with you that BB is strong in US and Canada but
> it is not "not much" in anywhere else. It is doing pretty good in
> Europe as well. You are right it is not much in Asia and LatAms.
> I am glad that you did not mention "Africa". My point is there are
> reasons for BB having no significant presence in those area. Asia
> and LatAms have majority population in developing country stage (even
> though some of them are rich). There are a lot of growth room still
> can be found in cell phone industry. Why those carriers wants to
> jump in Smart Phone and facing uncertainty about whether the general
> population can afford those expensive toys? That is why MOT is doing
> great in those place but fighting for survival in north america.
> However, as the ecomony conitnue to grow in Asia and LatAm, finally
> they will adpot the Smartphone. And RIMM will be a big player as
> it is here.