- That Mad Money guy said it would be good to invest in now a few weeks ago on his show. Too bad I'm poor. :P09-08-08 01:55 PMLike 0
- Reed McLayRetired ModeratorReuters) - Blackberry maker RIM
was the biggest winner in a slowing smartphone market in the second
quarter, roughly doubling its market share from a year ago to 17.4
percent, research firm Gartner said on Monday. The market was
still dominated by Finland's Nokia Oyj , which sold 15.3 million
phones with capabilities like e-mail and navigation, giving it a
47.5 percent share. But this was down from 50.8 percent a year ago
as competition intensified in the consumer smartphone market.
"RIM continued to execute well at the consumer level, increasing
its global market reach," Gartner analyst Roberta Cozza said in a
statement. Research In Motion Ltd (RIM) sold 5.6 million
smartphones in April through June, up from 2.5 million a year ago,
as it found new clients beyond its main business market. "In the
second half of the year, the company is expected to launch
smartphones based on new (designs) ... which are necessary to keep
pace with the competition at the consumer level," she said. ...
RIMM is not alone, all the industrials are suffering.
Is this a good time to buy? Hummm....
(Unqualified investment advise is worth exactly what you pay for it. )09-08-08 01:57 PMLike 0
- Forum
- Popular at CrackBerry
- General BlackBerry News, Discussion & Rumors
RIM stock prices
LINK TO POST COPIED TO CLIPBOARD