[Yoox_II]

If bb10 is a success, like I think it will be, will the RIMM stock Ever see numbers like it did back in the day when it was in the hundreds, instead of the low double digits? ($10.88 right now)?

[jrohland]

It will skyrocket in price. And I can tell you when. As soon as I sell my shares.

[bounce007]

It will skyrocket in price. And I can tell you when. As soon as I sell my shares.

LOL.... that's my luck with anything.

[TheScionicMan]

It was in triple digits the other day... (If you count both sides of the decimal point)

[bounce007]

It was in triple digits the other day... (If you count both sides of the decimal point)

Lol.. I was thinking the same thing! Quadruple digits

[morganplus8]

They just need to find a cure for cancer ............. seriously, maybe Alzheimers too, not sure about that one though. Let's just say cancer in general.

On a less serious note, they'll need a winning phone, the coolest, sexiest, meanest, anything with an "est" at the end of it. Plus a P/E of 20 or so ............. I need a beer.

[amazinglygraceless]

It is going to take a whole lot more than a single new device and a revamped OS to get RIM
anywhere near it's previous highs although if they managed to simultaneously find a cure for
whooping cough AND athletes foot, that could be game changing

[SFWriter]

in answer to the question...... yes, yes it will.

Sent from my BlackBerry 9800 using Tapatalk

[menaknow]

Sadly Apple has set the bar. They will need near Apple sales level.

If you look at Microsoft, they haven't really gone anywhere much, but you know they make sales...

[jrohland]

The simple answer is, buy Apple and put them out of my misery.

Make a great product and market it well. Or, make a decent product and market it brilliantly.

Finally, hope the fickle consumer decides they can't live without it.

None of us know when or if the stock will go up and, how high.

[neteng1000]

No reason why it can't reach those levels again. There are a lot of delusional people out there who thing that Apple and Android will dominate the market forever. For the last 30 years apple did squat and managed to survive. Now all of a sudden, it's the must have device. They can lose all of their market share as fast as they gained it. People are easy to manipulate that way. If it's not BlackBerry, it will be someone else. BlackBerry has a good reputation therefore triple digit stock prices are very obtainable in the next couple of years as long as they restructure. Take Chrysler for example. People has written of for dead. They are kicking arse now.

[otacon]

I believe BB10 will be the prelude to the stock prices rising up again... From then on, RIM will need to have a clear strategy and a listening ear to the consumer. By constantly making what we want will definitely see their stock prices rise up to it's former glory...

[MartyMcfly]

Sure, if they start selling oil along with the cure for cancer and baldness.

[FRG_RC]

3 digits? I hope someday they can, but with just the release, and a successful one, of BB10 it won't happen.

RIM needs a lot more than just a "kicka$$" phone in the market.

[Moonbase0ne]

Is it possible? Ofcourse. Right now they are in a really bad position, but if BB10 is a success, who knows what they may come up with in the next few years.

It's not that RIM is a bad company at making great products, they are/were bad at keeping up with the competition and keeping the interest of the consumers mainly, where they needed to, and it cost them.

Remember, there are companies that were is critical condition, but turned it around.

[app_Developer]

So to get into triple digits again, we'd have to see $10 - $15 EPS (or at least rapidly approaching that). I don't think that's impossible, if RIM is able to establish Blackberry again as a higher end, higher cost brand. If they go downmarket again as they have with the curve and the Playbook, I can't see how they get to a $10 EPS ever again.

People like to talk about how the North American market isn't the only market and all of this. But if you look back at when RIM was riding high in the triple digits, it was almost entirely because they were selling expensive phones in North America. That was where most of the profit was coming from back then.

[Heliogabalus]

Let's get, hope and wish them up out of the current sad range before discussing the triple digit world.
Expect the worst and hope for the best..
I love RIM and BB like the day is long (or short depending on your view).
More will be revealed.

[palomartian]

...Take Chrysler for example. People has written of for dead. They are kicking arse now.

Will Canada bail RIM out?

[Yoox_II]

Will Canada bail RIM out?

They don't need to be bailed out, that's why they're structuring and cutting expenses. They're nowhere near the situation that Chrysler and gm were in

[jrohland]

Read Tipping Point by Malcolm Gladwell (a Canadian).

[Sucroid]

Read Tipping Point by Malcolm Gladwell (a Canadian).

One interesting point in that book is that sometimes the immense popularity of a product was not properly understood; i.e. there was no explanation for what caused something to become so popular all of a sudden.

To reach the tipping point, you don't necessarily need an amazing marketing campaign (though some companies do try to manufacture tipping points via marketing). If BB10 is to be successful, it probably needs some help from the grassroots since the mainstream media don't seem to want to help.

[Superfly_FR]

For now, I have just two observations to sate :

1. The bleeding seems over (4th days over $10 and still up)
2. I went to Yahoo stock (as I do twice a day) and there's no more big "sell-sell-sell" or "end of a giant" headlines about RIM.
More, there's no direct mention to the firm.

Keep calm ... be ... do ...

Now for triple digits; could be. But not in a near future ...
I think of a near two digit years time frame

[_StephenBB81]

So to get into triple digits again, we'd have to see $10 - $15 EPS (or at least rapidly approaching that). I don't think that's impossible, if RIM is able to establish Blackberry again as a higher end, higher cost brand. If they go downmarket again as they have with the curve and the Playbook, I can't see how they get to a $10 EPS ever again.

People like to talk about how the North American market isn't the only market and all of this. But if you look back at when RIM was riding high in the triple digits, it was almost entirely because they were selling expensive phones in North America. That was where most of the profit was coming from back then.

I think it is very pessimistic to assume RIM can't reach $100+/share again

seeing as the smartphone market is still less than half the global mobile phone market RIM could see a $15-20 EPS sp wotj a multiplyer as small as 7.5 they could get to triple digits.

Now can they do it with 1 phone? in 1 year? not a chance.
RIM will need to have a significant share of the global smartphone market, if 50% of the world had smartphones, and RIM had 10% of that market, with them earning $5/device on 300,000,000 devices per month would be $1.5EPS or $18EPS yearly, no hardware sales, how long till 3 Billion smartphones could be in active use? 4? 5? years?

couple that with tablets, connected automobiles, and connected home products and it is very possible to see RIM trading over $100 per share again, BUT all this hinges on them actually getting "IT" BB10 needs to "flow" the distribution and the marketing need to be clean and exact, and they have to follow up each device with a real upgrade path and not upgrades like the 9700-9780


Now to all thinking RIM needs to cure cancer or whooping cough, meh, that wont make them Rich, if they can find a way for the phone to emit a signal to replace Viagra, using an app, THEN they'll sell hundreds of millions of devices a year.

[TgeekB]

Not worth worrying about at this point. Too many things to do right between now and then. Next step is to get BB10 out and make it a sucess which will SLOWLY get RIM back into the game. Could take years for your question to be answered.

[Playbookjoe]

It is also very important to remember what the investors want to see happen.
There are a lot of options being traded on RIM's stock and a lot of calls being generated and purchased. The people who are buying calls are going to want to see the stock rise so that their option is 'in the money'. These people will likely use bb10 launch as an excuse to start a stock rise.
Either that or the shorters will win - who is to say?

Most people have stated that it will take a while for bb10 sales to actually be reflected in the company's financials. I agree. I also think that the writedowns in inventory are with the launch in mind. Most have attributed this to an overstock of OS7 phones. What is interesting is that inventory also includes a ton of raw materials and partially assembled devices (read - stuff for bb10). With huge writedowns pre-launch, RIM will effectively be selling devices (both bb10 and os7) at extremely high profit margins as the devices have already 'been paid for'. It is my opinion that the end of quarter financials will look good post bb10 lauch - even if it is not a massive hit.