Research In Motion (RIMM) 01 (Sep 08 - Oct 11)

[kennynah]

you are right...

they can ship all they want...if buying is slow, they just have to find larger warehouses

[iam802]

RIM says adds 1 mln EMEA subscribers in 3 weeks

http://www.reuters.com/article/2011/07/ ... ZC20110707

* RIM stopped giving regular updates on subscribers in Nov

* Service revenue helps RIM's margins

TORONTO, July 7 (Reuters) - BlackBerry maker Research In Motion (RIM.TO) said on Thursday it has added more than one million subscribers in Europe, the Middle East and Africa in less than three weeks.

The announcement, posted on Twitter, was a rare update on what had been a key operational metric until RIM stopped regularly disclosing the figure late last year.

RIM has struggled to compete with Apple's (AAPL.O) iPhone and a slew of devices using Google's (GOOG.O) Android operating system, most acutely in the United States, where its market share has been slipping for many months.

RIM charges mobile network operators a monthly fee per BlackBerry user for access to its own infrastructure, which compresses and encrypts data before pushing it out to devices.

The service revenue enables RIM to boast the second highest margins in the industry behind Apple.

RIM added more than 5 million new subscribers globally in the three months to late November, for a total of more than 55 million.

Its Nasdaq-listed shares were 3 percent higher at $28.56 by early afternoon. They have lost half their value since the start of the year.

...

[kennynah]

black berry....when will it finally break

[iam802]

towards end of July...think there is meeting...

let's me pray hard hard cos I am starting to establish position.

[iam802]

Good luck to RIMM.

AAPl opens a store in Waterloo (where RIMM is HQed).

http://allthingsd.com/20110809/apple-ru ... ?mod=tweet

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vested. short.

[iam802]

Jefferies downgrades RIM

http://money.msn.com/business-news/arti ... d=14154735

NEW YORK (AP) - Jefferies & Co. on Friday downgraded shares of Research In Motion Ltd. to "Underperform" from "Hold," saying sales of its latest BlackBerrys are lackluster and the stock now reflects the value of its subscriber income and patents.

RIM shares were down $1.03, or 3.3 percent, at $30.28 in pre-market trading Friday.

The shares have swooned this summer, hitting a multi-year low of $21.60 a month ago. They've rallied since then, as analysts have pointed out that even if the company is losing out to other smartphone makers, it gets monthly income from each BlackBerry user and sits on a trove of valuable patents.

Analyst Peter Misek believes the shares have now recovered more than enough of their value — his price target is $25.

New phones running the new "BlackBerry 7" software launched in August. Misek said sell-in to phone companies was "just okay," but sell-through to consumers has been weak.

"Follow-up orders from retailers and carriers for BB OS 7 phones will likely be underwhelming and RIM continues to lose share in developing markets," he wrote.

On Thursday, RIM reports results for its fiscal second quarter, which ended Aug. 27. Misek expects it to report selling 12 million phones.

[kennynah]

RIM...maybe soon RIP

[iam802]

soon...another sign of desperation .

Offer only in Canada.: RIM offering $100 to anyone who will buy the PlayBook

http://www.techvibes.com/blog/smells-li ... 2011-09-08

HP slitting the throat of its own hardware seems to have RIM sweating bullets.

After Canadian carriers dropped the prices of its brand-new BlackBerrys by $100, Research In Motion is now handing out $100 prepaid MasterCard gift visas to anyone who'll buy the company's wifi PlayBook tablet.

The deal is good throughout Canada (minus Quebec) but only to existing BlackBerry smartphone customers—a dying breed. Between that requirement and the fact that few want a PlayBook, the deal is filling a very narrow niche.

The offer expires September 22nd

[kennynah]

no promo in uk... i would consider buying the HP tablet if it sells for under gbp50...

[iam802]

Lots of value investors are eyeing RIMM.

At this moment, bullish trend is not confirm.

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With shorts covering, and value investors taking position in it, RIMM has rallied from the low of around $22 to $32.

Currently, the price level is trading within the kumo; reflecting that it is in a trendless state. Given its steep fall from the high, the bounce from $22 is not strong enough to suggest that RIMM is now in bullish territory.

With earnings in a few days, it is likely to remain within the kumo. My estimate is RIMM needs to break above $32.50 to have a confirmation of its bullish trend. A break below $27.50 will confirm that its rally has come to an end and the bear move will continue, maybe even heading below $20.

Note:

I am vested with bias towards the downside. I may close my position before earnings.