Watching RIMM

cxu123

RIMM还有一个季度的好日子，等Windows 7 Phone出来几个月后，就没有可能meet了。

Windows Mobile现在在美国智能手机市场里还有15%的份额，Windows 7 Phone比Windows Mobile好出一大块，市场格局明年都不知道会怎样。

George25

拭目以待。。。

George25

http : // www. optionpain.com/ OptionPain/ Option-Pain.php?ticker=rimm

tianlong

ding

George25

garfieldking

这么多好股票，玩这个昨日黄花没啥油水

丛林法则

RIMM是死鱼了。十月份发布的Windows 7 Phone是它的掘墓人。所有分析都忽略了这个智能手机的重要黑马。这匹黑 ...
cxu123 发表于 2010-9-14 20:52

do not expect too much about windows. Windows mobile has been in the market since long time. It was beated by Android in just one year. It was never successful. Why do you think they will be successful this time?

cxu123

do not expect too much about windows. Windows mobile has been in the market since long time. It  ...
丛林法则 发表于 2010-9-15 03:40

到Youtube去搜索Windows 7 Phone，看看最新的review，你如果用过Windows Mobile，就能发现区别有多大。

除了RIMM，老实讲第二个被冲击的搞不好就是Android。Android Phone其实就是Linux类型的UI和开发方式。开发工具远不如微软做的好，到最后智能手机还是要拼开发工具和开发者的数量，和PC一样。

George25

trueself

great call

胡同儿串子

George25 发表于 2010-9-14 19:55

盘后50.xx
看看这次max pain发挥如何？

xiaoyaoxl

有可能开在51，52，收50

李隆基

有可能开在51，52，收50
xiaoyaoxl 发表于 2010-9-16 17:05

收50.7

MoMo

Verizon Wireless, the largest U.S. mobile-phone carrier, won’t sell handsets with Microsoft Corp. ’s Windows Phone 7 operating system when it debuts this year, a blow to the software maker’s efforts to reach a broad market (from Bloomberg, Sep. 16, 2010)

jamesmith

http://crackberry.com/research-motion-q2-2011-results-announced

Research in Motion Q2 Fiscal 2011 Results Announced

         * Update - After hours trading has the stock up over 7% on RIM's record profits. The Globe and Mail just posted a good article summarizing everything - read it here. It's clear a lot of the current sales and growth are coming internationally while North America is flattening out a bit with the competition from Apple and Android increasing. Listening to the Q&A though, the team seem very upbeat about the future quarters and Jim said we're going to be pleasantly surprised at DevCon, which kicks off on Sept. 27th. I can't wait! *

Research in Motion just posted their 2nd Quarter fiscal 2011 results （yes 2011 is right... that's how RIM reports. not a typo）.... the investors call starts at 5pm ET so tune in if you want to hear from RIM's Co-CEO Jim Balsillie first hand on their performance （I'll be listening）. You can listen here. We'll report back with more once the call is over. In the meantime, check out the press release below!



Press Release

Research In Motion Reports Second Quarter Results

WATERLOO, ONTARIO--（Marketwire - Sept. 16, 2010） - Research In Motion Limited （RIM） （NASDAQ:RIMM）（TSX:RIM）, a world leader in the mobile communications market, today reported second quarter results for the three months ended August 28, 2010 （all figures in U.S. dollars and U.S. GAAP）.

Highlights:

Revenue grew 31% over the same quarter last year to $4.62 billion
Earnings per share in the second quarter increased 76% to $1.46 over the second quarter last year（1）
BlackBerry（R） smartphone shipments grew more than 45% over the same quarter last year to 12.1 million and RIM has shipped approximately 115 million BlackBerry smartphones to date
BlackBerry subscriber account base grew approximately 56% over the prior year to over 50 million
Q2 Results:

Revenue for the second quarter of fiscal 2011 was $4.62 billion, up 9% from $4.24 billion in the previous quarter and up 31% from $3.53 billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 79% for devices, 17% for service, 1% for software and 3% for other revenue. During the quarter, RIM shipped approximately 12.1 million devices.

Approximately 4.5 million net new BlackBerry（R） subscriber accounts were added in the quarter. At the end of the quarter, the total BlackBerry subscriber account base was over 50 million.

"RIM set another new record in the quarter by shipping over 12 million BlackBerry smartphones. This accomplishment and RIM's solid financial results during the second quarter were driven by effective business execution and strong demand for RIM's portfolio of BlackBerry smartphones and services in markets around the world," said Jim Balsillie, Co-CEO at Research In Motion. "We expect a continuation of this momentum in the third quarter as we extend the rollout of new products including the BlackBerry Torch into additional markets and benefit from heavy promotional activities and increasing customer demand as we head into the holiday buying season."

The Company's net income for the quarter was $796.7 million, or $1.46 per share diluted, compared with net income of $768.9 million, or $1.38 per share diluted, in the prior quarter and net income of $475.6 million, or $0.83 per share diluted, in the same quarter last year. The impact of Q2 share repurchases on second quarter fiscal 2011 earnings per share was approximately $0.02 per share.

The total of cash, cash equivalents, short-term and long-term investments was $2.03 billion as at August 28, 2010, compared to $3.27 billion at the end of the previous quarter, a decrease of $1.24 billion from the prior quarter. Cash flow from operations in Q2 was approximately $938 million. Uses of cash included common share repurchases of approximately $1.5 billion, business acquisitions of approximately $320 million, capital expenditures of approximately $200 million and intangible asset purchases of approximately $100 million.

Q3 Outlook

Revenue for the third quarter of fiscal 2011 ending November 27, 2010 is expected to be in the range of $5.30-$5.55 billion. Gross margin for Q3 is expected to be approximately 42%. Net subscriber account additions in the third quarter are expected to be in the range of 5.0-5.4 million. Earnings per share for the third quarter are expected to be in the range of $1.62-$1.70 per share diluted.

Conference Call and Webcast

A conference call and live webcast will be held beginning at 5 pm ET, September 16, 2010, which can be accessed by dialing 800-814-4859 （North America）, 416-644-3414 （outside North America）. The replay of the company's Q2 conference call can be accessed after 7 pm ET, September 16, 2010 until midnight ET, September 30, 2010. It can be accessed by dialing 416-640-1917 and entering passcode 4310309#. The conference call will also appear on the RIM website live at 5 pm ET and will be archived at http://www.rim.com/investors/events/index.shtml.

（1） Earnings per share in the second quarter of fiscal 2010 included a charge of $0.20 relating to the settlement of all outstanding worldwide patent litigation with Visto Corporation.

西安

black

RIMM的short interest很高，明天开盘开始挤空。

George25

Analysts react to RIM results (zhuan)

Canadians remain more enthusiastic about the stock

David BermanIncludes correction
Friday, Sep. 17, 2010 06:32PM EDT

Single Page View Share:   
Research In Motion Ltd. beat expectations with the release of its fiscal second quarter results on Thursday, but analysts aren’t exactly overjoyed. The bears remain bearish, while even the most bullish have trimmed their target prices or left them unchanged.

The split appears due to where you want to focus your attention. If near-term earnings suggest that RIM is more than capable of holding its ground against competition from Apple Inc.’s iPhone, then RIM looks like an awfully tempting buy right now.

On the other hand, some analysts continue to focus on net new subscribers, which came in below expectations and suggest that RIM is having a tough time attracting new fans.

Here’s a run-down from some analysts (by the way, the target prices along with the quote above are in U.S. dollars, since RIM also trades in New York). Curiously, Canadian analysts appear to be a lot more enthusiastic than U.S.-based analysts. Based on Bloomberg numbers for 27 analysts, the Canadians have an average target price of $88. The U.S. analysts have an average target price of $59, or more than 30 per cent lower than the Canadians.

Chris Umiastowski, TD Newcrest: “We doubt these results will immediately change any of the bear arguments on the stock, but they should drive up fiscal 2011 and possibly fiscal 2012 estimates simply given the near term strength in the story. We believe this will trigger a respectable rally in the stock." Recommendation: Action List Buy. Target: $90 (U.S.), unchanged.

Jim Suva, Citigroup: “RIMM will stop giving ASP [average sales price] and net subscriber guidance, which investors generally view as a negative as if companies had robust info they typically are not shy to share it and as companies get larger they often give provide increased disclosure, rather than less." Recommendation: Sell. Target: $47, down from $50.

RBC Capital Markets: Recommendation: Top pick (unchanged). Target: $90 (unchanged).

UBS: Recommendation: Neutral (unchanged). Target: $54 (down from $65).

CIBC: Recommendation: Sector outperform (unchanged). Target: $90 (unchanged).

JPMorgan: Recommendation: Overweight (unchanged). Target: $53 (down from $66).

dashxia

RIMM is dying. Most of my friend choose Iphone. Go to a AT&T store, you will know.

George25

Analysts cool on RIM results

Jameson Berkow, Financial Post · Friday, Sept. 17, 2010

Despite Research in Motion Ltd. beating market expectations for the first time since December 2009, analysts were mostly less than impressed with the latest earnings statement from the BlackBerry maker.

Several issued cautionary notes to investors Friday morning, citing concerns ranging from increasing competition from smartphones running Google Inc.’s Android software to an unsustainable boost in revenues from a recent share buyback.

RIM added 4.5-million new subscribers in the last fiscal quarter, 10% lower than consensus and 7% below the low end of RIM’s own estimates.

The dropoff in new subscribers was “most worrying” to Pierre Ferragu, senior research analyst at Sanford C. Bernstein, who maintained an underperform rating for RIM stock with a price target of US$40 per share. He contends that RIM’s expectation to add more than five million new subscribers by the next quarter may be “far too optimistic.”

In a clear sign that the smartphone market is becoming increasingly competitive, RIM said in a conference call with investors Thursday evening that it would no longer be forecasting new subscriber figures and would stop reporting them entirely after the company’s next quarterly earnings statement in December and the rising market share of Apple Inc.’s iPhone.

UBS cut its price target to US$54 per share from a previous expectation of US$65 per share over concerns that RIM failed to outline a strategy for how it intends to deal with the rise of competition from new entrants to the smartphone market utilizing the Android operating system.

The Waterloo, Ont.-based company also largely avoided responding to its waning dominance in the enterprise space. According to a survey of 200 companies in the U.S. and the U.K. conducted in August by Sanford C. Bernstein Ltd, 74% of respondents said they now let their employees use devices other than BlackBerries. For the United States alone, that number was 83%.

Jim Balsillie, RIM’s co-chief executive, explained away those figures during the Thursday evening conference call, noting that “90% of all Fortune 500 companies” are still exclusively BlackBerry users.

Taking a more optimistic viewpoint, Mike Abramsky of RBC Capital Markets explained in a note Friday that the end of new subscriber disclosure was simply a move to “harmonize” disclosure with competitors in order to “reduce share volatility around quarterly results.”

“The market may be overlooking the resiliency of RIM’s business and possibly overstating competitive threats,” he wrote, maintaining a rather high US$90 per share price target for RIM stock. “While we don’t expect [second quarter] results to dispel deep pessimism, they offer improved visibility and confidence into the strength of RIM’s franchise and sustained momentum,” wrote Mr. Abramsky.

He also pointed to strong growth outside of North America, which RIM said accounted for about 52% of its total revenues for the quarter, as a reason for investors to be less concerned about the company’s falling market share in North America.

Despite sluggish initial sales of the BlackBerry Torch 9800 in the United States, the new device is set to launch on 75 additional carriers worldwide over the next quarter, which the company expects to help maintain its strong guidance for the next quarter.

Meanwhile, Colin Gillis of BGC Partners draws attention to RIM’s US$1.3-billion share buyback over the past three months. He argues that the repurchasing of shares was responsible for the positive earnings and strong guidance, which he considers “not sustainable,” and is therefore maintaining a sell rating for RIM stock with a US$42 price target.

However, some analysts saw a potential upside to the current quarter for RIM, with several noting the expected release of the BlackPad tablet device in the coming months could help the company achieve its ambitious goals for the current quarter. Black Friday, generally the Friday following Thanksgiving Day in the United States, also occurs during this quarter and has historically been a banner sales day for BlackBerry products.

“It is hard to argue with success, and RIM clearly delivered that in [the second fiscal quarter]” wrote J.P. Morgan analyst Rod Hall in a note to clients Friday morning. “We do not believe this run is over.”


jberkow@nationalpost.com
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Read more: http://www.financialpost.com/new ... .html#ixzz0zw39uHYP