1. jlb21's Avatar
    Metro - BlackBerry maker hit where it hurts

    JPMorgan Chase & Co. will give its investment bankers iPads to provide an additional mobile tool as Apple expands its domain to Wall Street, threatening Research In Motion in a market it traditionally dominated.

    Apple is building on its momentum in the tablet space, leveraging its 95 percent market share to expand from its traditional consumer base into the corporate market as RIM readies a rival device, the BlackBerry PlayBook. The Canadian maker of smartphones is trying to catch up with Apple as banks including Morgan Stanley and Credit Suisse Group unveil applications for the iPad, and Citigroup and Bank of America consider letting employees use iPhones instead of Wall Street�s 11-year-old device of choice, the BlackBerry.

    �Apple represents a clear and present danger for RIM going forward,� said Brian Marshall, an analyst at Gleacher & Co. �By and large we see people moving away from the BlackBerry platform in droves in favor of the iPhone and the iPad.�

    JPMorgan will distribute iPads free of charge to all associates in its global investment banking division, the Nov. 24 e-mail shows.

    Bankers will be able to access e-mails, contacts, calendar and attachments via Microsoft Outlook, as well as have the ability to mark up and annotate confidential documents and make client presentations, according to the e-mail.

    Hey JP Morgan.......thanks for letting us know that you will have confidential documents on your iPads......
    12-01-10 08:14 AM
  2. LikeWebOS's Avatar
    Wow. iPads are cool, but as far as security measures go, I know they aren't the most secure. But we'll see what happens.
    12-01-10 11:42 AM
  3. jlb21's Avatar
    I think companies are moving way too fast when it comes to things like mobile computing, cloud computing, etc.

    A well controlled company is going to have strong data ownership and data security policies. But will these policies extend to the mobile computing "platform"? It should, but I worry some companies are throwing the hot devices into the mix without stepping back and looking at the implications.......
    12-01-10 12:05 PM
  4. WillieLee's Avatar
    It's a pilot program, companies run these all the time. Corporations will likely be using Android, Apple and RIM tablets. It's also important to note that JP Morgan didn't release this but that it came out on a day when RIM jumped almost 6% on an upgrade. Same as today, RIM is up another 2%+ and more "RIM is dying!" stories are coming out with more pilot program stories. Remember that RIM is heavily shorted and has moved almost 50% upwards in three months. Short sellers are caught in a squeeze and are trying to slap the stock back down.

    RIM isn't going to have 100% of the market, will never happen. Most of the companies they do business with already support other options for email. Yet, any company that looks at support for other platforms is somehow a sign of doom. It's silly.
    12-01-10 12:26 PM
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