User 207572

Research in Motion Takes Hit from Component Costs and Dollar, Hints at New Product

When RIM just went publuic, people used similar argument - people use phone to make phone calls. Who used a small device to write serious email. Guess what, RIM won.

Now same argument is made for RIM - phone is not mainly for music.

Please check again after 2 years.

It is really simple. No need to cary two devices. Also, RIM's advantages are all technical. Given time, AAPL can do all of them. Give RIM 10 years, it will still not be able to do music. RIM does not have that culture.

You may think it is easy to make things stylish. Check all the PCs, they are all ugly. Companies ruled by technicians don't know fashion.

Period.

Research in Motion Takes Hit from Component Costs and Dollar, Hints at New Product

RIM will lose consumer market share. It is Music, stupid. People want a device like iPhone. RIMM just cannot compete the music player part. That leaves Blackberry holders to carry additional ipod for music. It just doesn' work.

RIM's success was built on the market for "in writing anywhere" and phone/email in one. Now we want to add music. And RIMM just cannot do what apple is doing with the iTune.

How funny to see all the people on the street are cheering for RIMM. They call themselves pros. I remember when I invested in RIMM, the street bashed RIIM like hell. Now I am out of the stock and they are in.

Good luck.

Waiting for an entry point for AAPL.