We saw that RIM lost approximately 2.7 billion dollars when their stock tanked due to the Saudi Arabia and UAE nonsense. Now that the Saudi Arabians have seemed to reach an agreement with RIM, their stock has began it's rise back up.
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We saw that RIM lost approximately 2.7 billion dollars when their stock tanked due to the Saudi Arabia and UAE nonsense. Now that the Saudi Arabians have seemed to reach an agreement with RIM, their stock has began it's rise back up.
where is the source?
Except the stock drop was BEFORE the news about the Arab countries and was actually due to loss of market share in the Smartphone industry. Blackberry is lagging behind other platforms and the stock had one chance to recover this past Tuesday at the RIM press conference and it failed. I'm not long or short and was considering buying the stock before Tuesday but wasn't impressed with the Torch or the Blackpad (couldn't they be a little original and call it something else??)