BlackBerry Torch 9850
Top message: iPhone back to Blackberry impressions by HawkeyeOC
Replying to: Re: iPhone back to Blackberry impressions by stormsurvivor
Crackberry has an interesting article on the stock basically saying investors have bet RIM won't make it which is tanking the stock.
http://crackberry.com/rimâ€™s-stock-price-colla ... »
"I'm not giving advice here, but I have personally taken the view that the market is wrong. Sure, RIM is in a heap of trouble right now and the company has its work cut out. But they also have 70 million BlackBerry subscribers, and that number is climbing by about 5 million per quarter. Aside from the US market, they're doing quite well. Despite all of the competition from Android and iOS, there are still huge numbers of people who prefer QWERTY keyboards and love BBM. RIM owns that market."
"But the market isn't perfect. It massively overvalues companies at their peak, and it massively undervalues companies at their trough. My own opinion is that the market is massively undervaluing RIM right now."
"In short, RIM deserves to be punished, and punished hard. They need to get their act together. They may even need more management restructuring than I've been willing to admit. But RIM is the #3 smartphone operating system on the planet and the #2 smartphone "platform" when we consider that only RIM and Apple control their entire platform (Android is software, and hardware partners make the devices)."
"RIM either fails to make the jump to BBX, and essentially dies, or they succeed in remaining relevant. Being relevant might mean the #3 smartphone OS. It might mean being #4 behind Windows Phone. But so long as they are relevant, they should be nicely profitable. Profitable companies don't trade below book value in the long term."
I guess we have to wait and see what happens here. So If I invested right now, would I retire rich or end up living in a cardboard box?
- Re: iPhone back to Blackberry impressions by stormsurvivor
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