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Blackberry Businesses Cellphones

RIM Collapse Beginning? 305

Posted by Soulskill
from the friction-catching-up-with-inertia dept.
jfruhlinger writes "After the announcement of disappointing BlackBerry sales last quarter, RIM shares started to plummet. Blogger Chris Nerney wonders if this isn't the beginning of the company's death spiral, with the exodus away from RIM's BlackBerry platform too far along to stop and the company too small to compete with huge rivals like Apple and Google."
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RIM Collapse Beginning?

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  • RIMM Put Contracts (Score:2, Informative)

    by Anonymous Coward on Friday April 29, 2011 @12:15PM (#35976642)

    The put option volume on RIM stock is staggering. Just today alone there have been 67 put contracts sold at a $27.50 strike price for January 2013. Even crazier is that even though those contracts are currently $20 out of the money, they still sold in the $1.50 range... Certainly the market is betting that RIM is toast.

  • by thePowerOfGrayskull (905905) <marc,paradise&gmail,com> on Friday April 29, 2011 @12:23PM (#35976758) Homepage Journal
    Indeed. WE'll complete ignore that this is a debt free company with a strong portfolio, significant income, and expanding user base, and go right to the doom and gloom headline.
  • Re:So long, (Score:2, Informative)

    by Anonymous Coward on Friday April 29, 2011 @12:28PM (#35976806)

    For a company that is still selling 15 million phones every quarter, and are only doing 40% more revenue year over year, they definitely sound like they're collapsing.

    So they might not continue to grow at such an incredible rate. They're still making money hand over fist and certainly seem to have plans to fix the issues people talk about. I have a playbook and I'm generally impressed with it - lack of a few apps notwithstanding.

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