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RIM Announcing Q2 Earnings Today With Results Expected To Be Great

by Bla1ze on 24 Sep 2009 09:29 AM
15
 

 

RIM Preparing Q2 Results Today With Expected Results To Be Great

* Update: RIM's Q2 Financial Results Have Now Been Posted... Read Here! *

Today RIM is set to post their financials for Q2 and the outlook from financial analysts has been great leading up to today. Heading into the holiday season with updated devices on the way, investors are hoping this will give RIM a jump they need to keep them happy for the months ahead.

One thing people are watching for is to see if RIM has picked its pace back up in the Enterprise sector, as this area was showing a decline back in the last quarter. Economic factors were at play then and still are today as spending in that sector has been reduced. As of Wednesday RIM's shares were trading at $93.99 (up $3.17), on the Toronto Stock Exchange. As soon as the financials get posted, we will update the post.

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15 Comments

Posted by crackberryhead Thursday, Sep 24, 2009 974 days ago

Yeah Baby!!!

 
 
Posted by WhoseYourHoosier Thursday, Sep 24, 2009 974 days ago

RIM.

 
 
Posted by Thrashunreal Thursday, Sep 24, 2009 974 days ago

I love to see Canadian companies to succeed. I hope they continue to grow in Waterloo for years to come

 
 
Posted by devildrifterX Thursday, Sep 24, 2009 974 days ago

announcement isnt coming till 5PM ET

 
 
Posted by 19cbb Thursday, Sep 24, 2009 974 days ago

OUCH!

 
 
Posted by bigtime2 Thursday, Sep 24, 2009 974 days ago

That almost hurt.

One of the few times I was glad I did not own any shares of RIMM.

 
 
Posted by Dabrador Thursday, Sep 24, 2009 974 days ago

No matter what the results, it's all about meeting expectations. And if you don't, watch out for that initial stock hit.

Here's the WSJ take on their results:
http://online.wsj.com/article/BT-CO-20090924-713964.html

 
 
Posted by buckle.vzw Thursday, Sep 24, 2009 974 days ago

The analysts are sure not liking the report. I however, wish I had money to put into their stock after this afternoon's sell-off. Barring any more huge litigation, FY10, q3 should be very nice for RIM.

 
 
Posted by bigtime2 Thursday, Sep 24, 2009 974 days ago

Tomorrow may be a good time to buy more shares, since they are on sale technically. Im sure the stock will be close to $90.00 in a few months.

 
 
Posted by crackberryhead Thursday, Sep 24, 2009 974 days ago

Yeah that hurt! RIM still kicks Ass!

 
 
Posted by snookiesnoo Thursday, Sep 24, 2009 973 days ago

As usual Crackberry avoids posting bad news about RIM. First they say they expect great news, then when RIM's results suck they merely post a link. Sad. Maybe RIM should try buy one get two free? Even better they could improve their quality control and come up with an OS fit for 2009.

 
 
Posted by SurrealCivic Thursday, Sep 24, 2009 973 days ago

FAIL!

Not only did RIM not meet expectations they lowered guidance for next quarter. Glad I sold months ago. Expect huge movement in stock tomorrow, anything from 10-25% movement.

Time to buckle up. Let's trim some fat RIM, hire some economics to run your company, start investing, and let's get Jimmy back on track; the coyotes aren't coming to Canada any time soon.

 
 
Posted by iphonekillaz Friday, Sep 25, 2009 973 days ago

I love the way despite the optimism and promise of results updates there is a complete intentional ignorance of rimms terribly disappointing results now two quarters in a row. Are rimms fans - and their management - so out of touch? I worry so. How about another round of vague U2 ads while apple actually explicates the values of their products for us while we sit back and remember the days when people still thought rimm actually maintained an edge...

 
 
Posted by oudidntkn0w Friday, Sep 25, 2009 973 days ago

... At the end of the quarter, the total BlackBerry subscriber account base was approximately 32 million. TAKE THAT IPHONE!!!!!

 
 
Posted by snowden112297 Saturday, Sep 26, 2009 972 days ago

Good Luck Everyone!!!!!!!