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bedrock65

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  • Research In Motion: Don't Buy Until Apple And Google Worry About BB10 [View article]
    Today's news is not surprising, those wanting to buy a high-end blackberry are waiting for BB10 devices.

    I find it humorous when many critics predicted RIM would burn through their cash during 2012 yet they will show positive cash during Q1 and this critic claims this to be useless. Go figure.
    May 29, 2012. 07:43 PM | 6 Likes Like |Link to Comment
  • Research In Motion: Mixed Weekend News [View article]
    2012 "poor" result was a byproduct of an aging OS, terrible launch of PlayBook poor managment of their inventory levles and a goodwill impairment.

    i prefer to quote real numbers not "expected" numbers or guesses from analyst. Especially when they have discounted BB10.

    Revenue
    2012 - $18.4B
    2011 - $19.9B
    2010 - $14.9B
    2009 - 11.1B
    2008 - $6.0B

    Net income
    2012 - $1.2B
    2011 - $3.4B
    2010 - $2.5B
    2009 - 1.9B
    2008 - $1.3B
    May 29, 2012. 09:37 AM | 2 Likes Like |Link to Comment
  • RIM Needs New Blood: Why The Spate Of Executive Exits Is Good [View article]
    it appears a lot of people missed RIM's Q4 announcement to reduce expenses, surprising since $1 Billion is a lot of money.
    May 29, 2012. 09:18 AM | 2 Likes Like |Link to Comment
  • Research In Motion: Mixed Weekend News [View article]
    far from done. RIM is just executing what they have said. They are restructuring, when they announce that they will implement an initiative that will save them $1 Billion by February 2013 what does that mean? Obviously cost cutting, whether that be layoffs or just better prudent management of their resources and inventories.

    in the long term this stock is going up, whether it be due to BB10 or acquisition.
    May 29, 2012. 08:55 AM | 3 Likes Like |Link to Comment
  • RIM Loses Top Salesman, The Bleeding Continues [View article]
    Agreed, but if the reports are true those losing their jobs are in administration, Accounting, HR, Legal, and probably Java programmers who maintain soon to be extinct BBOS.
    May 29, 2012. 07:02 AM | Likes Like |Link to Comment
  • As part of its restructuring efforts, Research In Motion (RIMM) is planning across-the-board layoffs that will cover at least 2,000 employees, sources tell The Globe and Mail. It's added RIM, which has about 16,500 employees (down from a peak of ~20K), plans to announce the news around June 1, and has been quietly conducting layoffs in advance. A source tells Reuters the job cuts could eventually total 6,000. (also)  [View news story]
    Quote from RIM'S Q4 earnings

    "The CORE program is a company-wide initiative that we expect to drive significant improvements and efficiencies across all functions in the organization. The financial objectives for the CORE program are targeted to drive $1 billion in savings by the end of fiscal 2013 based on our current run rates."

    RIM told everyone about their restructuring plan but no one paid attention.
    May 28, 2012. 07:35 PM | 1 Like Like |Link to Comment
  • RIM Loses Top Salesman, The Bleeding Continues [View article]
    EMEA is RIM's leading market.
    It's clear why he left, he didn't get the COO position and he took his services elsewhere.
    May 25, 2012. 11:51 PM | Likes Like |Link to Comment
  • RIM Loses Top Salesman, The Bleeding Continues [View article]
    You overlook some important points.

    RIM earned $1.2 billion in net income, $2.2 billion excluding the goodwill impairment and inventory writedown.
    $2.9 billion in cash flow from operation.
    Subscribers up over 40% to 77 million.

    The million dollars question is whether BB10 will be a difference maker. So far I like what I have seen and heard.
    May 25, 2012. 07:49 PM | 2 Likes Like |Link to Comment
  • RIM Loses Top Salesman, The Bleeding Continues [View article]
    "He was a driving force behind RIM's dominance, but since the company's products have been becoming inferior, sales have been plummeting."

    You got to be kidding me.

    RIM'S early success was do to the fact they had the must have product and competitors were scarce. Apple and Android entered the market and changed the landscape. Patrick Spence had no influence on RIM's rise and fall.
    May 25, 2012. 06:09 PM | 1 Like Like |Link to Comment
  • Research In Motion: Going, Going... Sure To Be Gone [View article]
    you maintain a sell rating at $11? Did you mainatin a sell rating in Decemeber when it was trading $12.50 then later jumped to $18 in January?

    a company that has tangible book value of $13.50 and increasing net free cashflow and trades at $11 with the financial strengths that RIM has is long term buy.

    don't discount RIM's intangibles, they've been valued around $4 - $9 ps.Peter Misek at Jefferies valued RIM's patent at $5 ps so it's a nice security blanket for those long on RIM

    so I reinterate my long term buy.
    May 23, 2012. 09:19 AM | Likes Like |Link to Comment
  • Report Card: Research In Motion And Selected Peers [View article]
    Any company that trades below tangible book value, has no debt, increasing subscription based, earning profit yoy, positive cash flow, intellectual property is a very good investment.
    The sum of all RIM's parts is greater than $11, so at current prices RIM is a good buy.
    BB10? Who knows, that's the wild card.
    May 19, 2012. 10:21 PM | 5 Likes Like |Link to Comment
  • Report Card: Research In Motion And Selected Peers [View article]
    if this is failure I wish I had experienced some of RIM's failures over the last five years.

    RIM's revenue over the past five years.
    2012 - 18.44B
    2011 - 19.91B
    2010 - 14.95B
    2009 - 11.06B
    2008 - 6.009B

    After tax income
    2012 - 1.164B (adjusted 2.199B)
    2011 - 3.411B
    2010 - 2.457B
    2009 - 1.893B
    2008 - 1.294B

    It amazes me how peoples dislike to a product forces them to spew false poison. I got a good feeling that many are afraid that BB10 will be the next great OS, why? If it's great then that forces Apple and Googe to step up their game and at the end of the day isn't that what we consumers want?


    long Apple and RIM
    May 18, 2012. 08:00 PM | 2 Likes Like |Link to Comment
  • Report Card: Research In Motion And Selected Peers [View article]
    PlayBook has already been FIPS approved, BB10 should not take much time to get security clearance.
    May 18, 2012. 06:09 PM | 4 Likes Like |Link to Comment
  • Mysterious Research In Motion [View article]
    I find it comical to read 2014 forecasts on RIM, these analyst are so clueless.
    May 15, 2012. 11:02 PM | Likes Like |Link to Comment
  • Research In Motion: Going, Going... Sure To Be Gone [View article]
    I still maintain my belief, you are very lacking
    May 15, 2012. 10:45 PM | Likes Like |Link to Comment
COMMENTS STATS
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