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User 6689581

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  • RIM (RIMM -2.3%) gives back a portion of yesterday's gains after Citi's Jim Suva reiterates a Sell and argues shares aren't properly discounting the threat posed by cheap Android phones, particularly to emerging markets sales. Moreover, Suva believes enterprises "will take at least 4-6 months" to test BB10, and is unimpressed with RIM's management software in light of competition from Good Technology, SAP, and others. The remarks come as RIM officially launches BlackBerry Enterprise Server 10, which supports iOS/Android device management to go with BB10. [View news story]
    Isn't this the same analyst who had a sell at $5. Not sure if his analysis means much to me.
    Jan 23 01:20 PM | 1 Like Like |Link to Comment
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