jenny

Despite Uncertain Market, Analysts Still Bullish on Research In Motion

The Blackberry itself is a more professional and functional smartphone that appeals to business and professional types because of the reputation surrounding the Blackberry is more serious and sophisticated. While I see the iPhone as an attractive device, I cant help but feel its overrated. In economic uncertainty, professionals will be much more resistant to a recession than college kids and young adults with less disposable income who hold iPhones. Sentiment for RIMM is currently bullish (predictwallstreet.com/...) and predicted to close up according to predictwallstreet.com. I agree with Abramsky in that RIMM's drop last month was an overreaction to its earnings reports and that this new competitive smartphone market is only going to expand the sector.