RIMM: Going Down the Road of Blockbuster? - Voice of the People
June 13 2011 - 11:20AM
Zacks
Zacks highlights commentary from People and Picks Member
«BioMO».
For more Voice of the People, visit http://at.zacks.com/?id=7872
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RIMM: Going Down the Road of Blockbuster?
Is there anything left, any hope for Research In
Motion (RIMM), the maker of the Blackberry?
I say NO. While the cat was away, the mice have taken the
cheese. The CEO of Blackberry has been preoccupied with other
endeavors. In the meantime, Apple Inc. (AAPL) and
Google's (GOOG) ANDROID have taken market
share.
Not only that, the mighty cash-horde of AAPL and ANDROID appear
to be positioned for even greater innovations and improvements
to continue to whittle Blackberry narrowing share of the market. We
think it's too late for a Blackberry comeback.
It appears RIMM and their buy-and-hold investors are
heading down the graveyard road taken by Blockbuster. Good ole
Nokia (NOK) not only missed the bus but didn't
even play the game. Who goes first?
RIMM will be remembered as the first major smart phone to be
owned and used by corporate America.
To be even-handed, a positive article on RIMM is listed below
via the link. I think the article's point of adapting the android
is too little too late and which android will not go along
with.
http://seekingalpha.com/article/274417-research-in-motion-may-be-hurting-but-plenty-of-opportunity-remains?source=email_watchlist
I say SHORT!
The most recent picks by «BioMO» are:
A sell rating on Research In Motion (RIMM),
a sell rating on Nokia (NOK) and
a buy rating on Citrix Systems (CTXS).
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