BB10 Prospects - Quick Feedback from a Friend at a Hedge Fund
Was chatting with a friend at a large hedge fund and asked why he has not bought RIM, given the low price of the stock. He provided 3 quick reasons:
1) RIM's network, a strategic asset, will add little value to the BB10 phone
2) This is an ecosystem war - single product companies like RIM are bringing a knife to a gun fight
3) Companies were abandoning RIM - having to switch servers (to support BB10) will only make things worse
I own RIM shares, but his first and second point do worry me a bit. Anyone have any substantive data points to refute these points?
Thank you