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15 Comments

Posted by sk8er_tor Thursday, Mar 24, 2011 428 days ago

Looks to be opening higher this morning and I say it'll be up in after-hours trading tonight.

 
 
Posted by cmcichon Thursday, Mar 24, 2011 428 days ago

If their discussion centers more on phones, I think the stock will start tomorrow flat; however, if they are (finally!) more forthcoming with details about the PlayBook (e.g. release date, predicted sales, any additional partnerships and tech specs), then I think it'll end up higher in after hours, and at least flat or higher tomorrow morning.

 
 
Posted by sk8er_tor Thursday, Mar 24, 2011 428 days ago

They already announced the release date, etc on the PlayBook.

 
 
Posted by cmcichon Thursday, Mar 24, 2011 428 days ago

Doh! I've only been on the PB forums everyday this week and reading the release date - guess my coffee hadn't kicked in yet.

 
 
Posted by jacmeister68 Thursday, Mar 24, 2011 428 days ago

they better release some new phones soon, but which one will be first

 
 
Posted by zensen Thursday, Mar 24, 2011 428 days ago

I doubt there's going to be much change.

 
 
Posted by RyMac04 Thursday, Mar 24, 2011 428 days ago

If they beat street estimates, which they consistently have after many analysts are calling for their demise, then the stock will see a $3-$5 uptick in after hours. It may linger there for a while and rise a few more dollars until investors sell of their profits short term. RIMM at the time is a very short term traded stock for most. If you are long, as I am, no real change will come until next quarter reports and we see results from the PlayBook. $80-$85 price target granted successful PlayBook sales.

 
 
Posted by jasperlin Thursday, Mar 24, 2011 428 days ago

RIM MUST KILL IT WITH RESULTS!!!!!!

 
 
Posted by q649 Thursday, Mar 24, 2011 428 days ago

Beating/Killing results doesn't move RIM... raising their outlook for the next quarter (above current expectations) will.

 
 
Posted by bold1193 Thursday, Mar 24, 2011 428 days ago

The only thing RIM is way ahead in ;) jk

 
 
Posted by rlhammon Thursday, Mar 24, 2011 428 days ago

I tried posting earlier, but it kept causing errors... anyway.

Being late to market, and missing their own dates (Q1 and March were both communicated by RIM) with the launch of the Playbook doesn't bode well. I'd like to hear some true timelines for product launches from RIM, instead of leaked information found online.

RIM is going to be burdened constantly that they are a generation behind Apple. Having their product out before the iPAD2 and XOOM were critical, in my eyes, to the public perception. Even if the Playbook is hands down better, the public will see it as behind.

RIM's lack of marketing focus on new products is still, frankly, amazing. We hear about BBM and other features, but nothing about new phones, NFC, 4G, Bridge, Playbook. The average consumer isn't aware of the Playbook, Apple is great at marketing... even people who don't like Apple products know about Apple products.

Speaking of Bridge... it would be nice to know what it's going to work with (phone / OS wise), and how it effects data plans. If I can Bridge my Storm2 to a wi-fi Playbook without an increase in cost from Verizon, I'm in... if not, I'm leaving BlackBerry. I can't wait around until the end of the year to see what the new touchscreen device is, and if it's going to work. At that point it's going to be 2 1/2 generations behind Apple. Product introduction cadence is painfully slow for a technology company... unless of course RIM doesn't see themselves as a technology company?

 
 
Posted by RyMac04 Thursday, Mar 24, 2011 428 days ago

I disagree in people saying the PlayBook should have beat the Xoom and iPad2 to market. Had this been the case, in my opinion, far more users would say, "I'll wait for the iPad2 or Xoom, because I know nothing about this PlayBook thing."

Now, on the other hand, RIM has had decent enough time, which they have made moderate use of, to show off the product at different conventions, get it into the hands of some analysts and journalists, and increase the overall aura of the product.

You now have consumers in the market that have been unsure of which tablet to buy, and are still weighing the options. As a business, RIM would have been hurt way more by an early release/buggy version that didn't sell, than letting iPad2 and Xoom hit the market first whilst they get their product working perfectly once it hits.

My $.02

 
 
Posted by WillieLee Thursday, Mar 24, 2011 428 days ago

I think they could post a small miss on earnings which will spark a big sell-off. Even when they've posted big numbers there has still been a sell-off over the last 18 months. The endless nonsense of India might have dampened sales.

 
 
Posted by Joseph Holder Thursday, Mar 24, 2011 428 days ago

I'd hardly consider 19 days into Q1 FY2012 to be missing their target for the PlayBook release. In any case "RIM's stock is opening up today at $62.12/share..." Oooh, Kevin. If you worked for RIM, you'd have to buy so many doughnuts....

 
 
Posted by Kevin Michaluk Thursday, Mar 24, 2011 428 days ago

haha.  good thing i don't then!