Same thing happen to Nintendo when they lessened their expectations for the year, their stocks plummeted
When people don't make the profit they expect ****s not pretty, the storms not bleeding RIM sorry
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I dont think the storm is to blame however they just sold a ton of them over the BOGO sale they had, I bought mine right when that sale started however Im still wondering if I want to return it and wait for the new 8900 or VZW version of the Bold.........So far this is my first blackberry and the touch/click screen has made me not hate this touchscreen like other phones, however im still debating returning and waiting to switch to the new curve 8900 or bold......any suggestions?
I don't think anybody is reading the article. It doesn't bash the Storm it only explains the reason for RIMS stock dropping DESPITE a lot of Storm sales.
Reason being people are returning the device for the "lesser" model berrys.
Come on people read first before responding. Let's have a decent conversation. I feel like a broken record ; )
I hope some cool heads come in here.
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I don't think anybody is reading the article. It doesn't bash the Storm it only explains the reason for RIMS stock dropping DESPITE a lot of Storm sales.
Reason being people are returning the device for the "lesser" model berrys.
Come on people read first before responding. Let's have a decent conversation. I feel like a broken record ; )
I hope some cool heads come in here.
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I hope so too-
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I love when people try and make sense out of the stock market when they have no clue what they are talking about. This just in...dryships stock is down like what 85% despite having a 21% increase in profit. Apples stock is down over 50%....you guys have realized the stock market is the last place you want to try and use logic right now right? There is nothing suprising about a company lowering its earnings outlook in this economy and taking a hit for it. Not really a big deal. If the storm was such a failure they wouldn't be trying to sell as many as possible just to have them returned. Simple business knowledge > wild speculation.
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I love when people try and make sense out of the stock market when they have no clue what they are talking about. This just in...dryships stock is down like what 85% despite having a 21% increase in profit. Apples stock is down over 50%....you guys have realized the stock market is the last place you want to try and use logic right now right? There is nothing suprising about a company lowering its earnings outlook in this economy and taking a hit for it. Not really a big deal. If the storm was such a failure they wouldn't be trying to sell as many as possible just to have them returned. Simple business knowledge > wild speculation.
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Precisely. Apples stock is down over 50%. Perhaps we should blame the iPhone? A company cannot be boiled down to one product.
It was an interesting article. Seems to me the problem is the higher production costs due to the demand. Also this may explain some of the QC problems some of us are seeing. RIM, probably with pressure from VZW rushed this thing out the door and now they are paying the price!