1. Villordsutch's Avatar
    06-16-11 07:42 AM
  2. mjs416's Avatar
    lol wut?
    06-16-11 08:38 AM
  3. andyahs's Avatar
    Ottawa shouldn’t be ordering end to airline, postal disputes
    06-16-11 08:52 AM
  4. MarketRide's Avatar
    Here is the text (bottom of article):
    RIM in the spotlight
    Investors and analysts are eagerly awaiting first-quarter results from Research In Motion Ltd. (RIM-T35.360.902.61%) after markets close today.

    RIM reports amid increasing questions about the BlackBerry maker and fierce competition from iPhone maker Apple Inc. (AAPL-Q326.67-0.08-0.02%) and Google Inc. (GOOG-Q502.02-0.93-0.18%), the father of the Android operating system.

    Analysts expect RIM to report revenue of about $5.2-billion (U.S.) and earnings per share of $1.32. In late April, RIM slashed its profit outlook for today's report, saying it expected per-share earnings of between $1.30 a share and $1.37, blaming the new projection on a shift in its sales mix.

    Analysts say they want a clearer view of RIM's competitive position.

    "While the stock has sold off hard, we await clarity on how RIMM intends to fend off mounting competitive pressure," analysts Phillip Huang and Amitabh Passi of UBS said in a recent report on the BlackBerry maker, referring to the company by its U.S. stock symbol. "... RIMM's position appears incrementally weaker."

    That followed an earlier report by the two analysts at the beginning of June, when they cut their 12-month price target on the stock by $15, taking it to $45 from $60 and maintaining their "neutral" rating.

    With limited visibility on earnings power, increasing competitive threats, an un-compelling product refresh, and a management structure that, in our view, now appears sub-optimal (co-chairmen, who are co-CEOs, with one of the CEOs the CMO as well) we still foresee risks investing in RIMM stock at these levels," they said in the early June report.

    RIM has signalled better times ahead, and it has many times come in with earnings above what the analysts expect. The UBS analysts say they're keen to see the company's outlook for the second quarter, and the second half of the fiscal year. And they're not alone.

    The most recent report from ComScore Inc. showed that in the key U.S. market, RIM's share of mobile subscribers slipped to 8.2 per cent from 8.6 per cent in the three months ending in April. Apple's share, in turn, climbed to 8.3 per cent from 7 per cent.

    In terms of operating systems for smart phones, RIM's market share fell to 25.6 per centfrom 30.4 per cent, while Apple rose to 26 per cent from 25.7 per cent. Google's share reached 36.4 per cent, up from 31.2 per cent.
    06-16-11 08:54 AM