BlackBerry 7 sales sputter after strong start

Release Date 18 Nov, 2011 in CNET

 
   

BlackBerry 7 sales sputter after strong start

CNET - 18 Nov, 2011
After some initial excitement for the new line of BlackBerry 7 smartphones and a strong launch--both unusual for RIM for the past year--sales are starting to sputter. ...

RIMM target lowered 25%

Forbes - 18 Nov, 2011
Following Research in Motion's (RIMM) launch of the BlackBerry Bold 9790 and BlackBerry Curve 9380 (set to hit stores just before the holiday season), Canaccord Genuity technology analyst Michael Walkley lowered his price target to $21 from $28, ...

Canaccord cuts RIM target amid Canadian PlayBook fire sale

Financial Post - 18 Nov, 2011
Following three consecutive days of upgrades for Research In Motion Ltd. shares, Canada's smartphone maker ended an otherwise optimistic week on a sour note. Canaccord Genuity slashed its RIM price target Friday to US$21 per share from US$28. ...

Brigantine third bank to upgrade RIM

Montreal Gazette - 18 Nov, 2011
A woman walks outside Research in Motion's (RIM) headquarters in Slough, southern England. Brigantine Advisors became the third investment bank in as many days Thursday to upgrade its outlook ...

RIMM: Seeing Slowing Sales, Canaccord Cuts Estimates

Forbes - 18 Nov, 2011
Canaccord Genuity analyst T. Michael Walkley this morning trimmed his estimates and price target for Research In Motion, citing concerns about slowing sales for the company's BlackBerry smartphones. “Our recent checks indicate slowing sell-through ...

Research In Motion (RIMM) Shares Given New $21.00 Price Target by Canaccord ...

LocalizedUSA - 18 Nov, 2011
Equities research analysts at Canaccord Genuity lowered their price target on shares of Research In Motion (NASDAQ: RIMM) from $28.00 to $21.00 in a research issued note to investors on Friday. They currently have a “hold” rating on the company's ...

Barron's gives RIM an upgrade

Bizjournals.com - 18 Nov, 2011
After weeks of seemingly endless negative news about BlackBerry maker Research in Motion, financial newspaper Barron's has given the stock an upgrade. Barron's upgraded RIM (Nasdaq: RIMM) to “buy” from “sell” partly for “what appears to be a gentle ...

BlackBerry 7 sales seen slowing, iPhone 4S & Android bad news for RIM

BGR - 18 Nov, 2011
Sales of Research In Motion's new BlackBerry 7 smartphones have slowed in recent weeks as competition from Apple's iPhone 4S and Android phones heats up. In a note to investors on Friday, Canaccord Genuity analyst Mike Walkley noted that RIM's new ...

Canaccord Genuity Maintains a 'Hold' on Research In Motion (RIMM); Checks ...

StreetInsider.com (subscription) - 18 Nov, 2011
Canaccord Genuity maintains a 'Hold' on Research In Motion Ltd. (NASDAQ: RIMM) price target lowered from $28 to $21. Canaccord analyst, T. Michael Walkley, said, "Investment recommendation: Our recent checks indicate slowing sell-through trends for the ...

Apple surpasses BlackBerry in enterprise

Mobot.net (blog) - 18 Nov, 2011
It must be pretty depressing being Mike Lazaridis or Jim Balsillie, opening up the Canada Times each morning and invariably seeing " yep " even more bad news for Research In Motion. Today we've got research guys iPass telling us that Apple now ...

Has RIM Lost Its Way?

Sell My Mobile - 18 Nov, 2011
It seems so, if comments by well-respected analysts are to be believed. Despite launching two new handsets and with others on the way, plus a new subscription music service, one expert in particular described the company as being on a knife-edge. ...

 

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