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The Chart That Keeps RIMM Shareholders Up At Night, And BlackBerry 10 Launch
As the world awaits the launch of the iBlackberry 10 this morning, we thought some reflection on the hope that is priced into RIMM's shares in comparison to the reality on the ground. The trends below will need violent distortion if the new BustBerry is to win and Thorsten Heins dreams come true... if you build it? Though, as Bloomberg notes, IDC estimates that RIMM will only have 4.1% of the market by 2016 - little changed from today..."The low-hanging fruit is the BlackBerry faithful, after that, they bump up against the Android and Apple users out there."
The live webcast can be seen here:
And for everyone who is curious what RIMM's plan to combat this collapse in market share is, here is Wired's live blog of the reveal event.
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BULLISH!
Dow to 14,000
What do you call a new employment opportunity at iRIMM?
A rim-job.......
You could have said it....
MS had almost half of the smartphone market in 2007...things in this product space can go sideways or dowwwwwn in a big hurry.
Right now the droid phones are riding high because of Samsung's hardware and pricing. But only MS is making any money of this OS.
At some point, when does "doing it for free" become an issue for google? It'd be like FB trying to charge people for something they won't pay for.
The sheep don't buy code, they buy plastic and electronics.
The Blackberry 10, RIMM's death gurgle.
The morning / pre-Europe-close selloff is underway.
Should I BTFD?
I do wish RIM the best, I love my Torch, but will never get a new phone until this one break 4EVA. I willl not be a subject of having to always buy brand new.
They buy Beiber, Kutcher, Kardashian, Kobe...experts each in all things sheeple.
American royalty. Minor royalty.
Repeat after me. There is no free lunch (or smart phone os, or search service).
Google does nothing for "free". You trade your privacy for the service. In turn, google markets and tracks you mercilesly.
Changed name to blackberry. Rimm shots no more.
"Means things can only get better right" says every current RIMM shareholder
In other news, Obama says that GDP numbers are too volatile to pay attention to and we should only look at ISM/PMI/CPI/Housing/ADP, cause those never have wild inflated flucations.
Maybe they should be prohibited from publishing GDP numbers for 18 months.
And also =ABS(GDP)
If it includes a privacy from government switch it will be a game changer.
RIMM still has investors?
Read that heading all wrong Tylers.
It came across as "RIMMING, kept shareholders awake at night", mind, if the poisened dwarf benank and the geethner were in bed together, it made pefect sense.
Fuckers.
Wait, people still use BlackBerry phones (that are under 40)?
oui
Rimm? What's a RiMM?
Correction; iRimm
Chart SHMART!! Means nothing!! All that matters is if whether WS "chooses" to make Rimm their new savings account stock!
Rimm was $450.00 a share 2 years ago., two years before that, $35.00 - Priceline, Amazon and others like them are used to take loser stocks and turn them into winners by sheer colaboration. WS parks a bunch of free money in heavily shorted stocks, public jumps on, and when enough bagholders are in - SPLAATTTTTT!! They kill the goat. They've done this with RIMM, 5 times in 10 years. Amazon will be a $35.00 stock again, after the next bloodletting retraction. Rimm is now on course to run to $125.00 in the next 6 to 8 months. Fundamental are created - and don't mean SH**! Watch!
looks like all 4 engines flamed out. Not a good situation at that altitude. .
The BlackBerry curve is of older people who learned that technology, but are terrified by the newer phones that have so many functions.
I hear them make excuses like "I can use it with only 1 hand as I walk through the airports".
Knowing some of the old dogs and seeing the curve decay tells me they are leaving the workforce- they could not learn new tricks.
the iphone and droid UIs are junk...this is why
True, so buy the insurance- one bad landing even with the protective cover and the droid and iphones crack.
All part of our disposable society...Hell I knew a guy who trashed rental cars so bad he never returned them- he told me he was pioneering the disposable rental car.. He was a real piece of shit but a lot of fun to drink with. I suppose he must be pretty high up in the Secret Service by now.
It's no wonder you people are forever complaining about these markets, you wouldn't know a buying opportunity if I slapped you in the face with it. Had you had any connection with the real world you would know this brand has a strong following and is poised for a robust comeback. But hey here at ZH everything is going down. All the time. Forever.
BTFD.
MDB that you?
Are you the guy that needs a cell phone to get laid?
Beetlejuice.....Beetlejuice.....Beetlejuice.....
Say my name and I show up...
No, I'm not Peer.....
BUY BLACKBERRY!
So many RIMMjobs depend on you!
Blackberry users are last to get laid and first to get drunk according to this....
http://www.cbc.ca/news/offbeat/story/2012/02/01/tech-smartphone-dating-s...
Article neglects mention of my Nokia windoze phone, whose users are 75% most likely to buy a box of Kleenex.
All it will take is for some celeb to tweet something about a new BB device like "It's really kewl" for a billion students to use their loans to get a new phone.
Ah yes. The cellphone craze. Does anyone remember the CB radio craze and how it went bust back in the 70's?
Apples production alone is enough to give every family in America a new smartphone.
Half of the people in China make less than 2 bucks a day and they are all to have smartphones.
Chinese phones made in Szchenzen are taking over that market there.
Next year they will be giving out smartphones as door prizes. When the market is saturated prices will collapse.
Smartphone == personal tracking device that the "sheeple" pay for. Saves a lot of time on "branding" when we willingly buy such devices and make full use of them.
If you arn't watching the new Blackberry launch. Let me update you...HOLY FUCK!