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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (39230)9/11/2010 1:56:13 AM
From: Spekulatius  Read Replies (1) | Respond to of 78753
 
re RIMM
>>I really thought the big corporations would be much slower to move away from rimm than seems to be the case the announcement on bloomberg about jpmorgan and another large company allowing their staff to use other phones was enough to scare me out.<<

I have seen this first hand within the company I work for. Last year the policy for company issues cellphones was changed from "company issued Blackberry" to "you choose your cellphone from our approved list". It took less than one year to convert the population of Blackberry Smartphone users to and approx mix. of ~60% Iphone, ~30% other and ~ 10% Blackberry users. This speaks volumes about the attractiveness of Blackberries imo. They may still have their niches in the financial world but I see heavy market share losses.

Having said that RIMM is awfully cheap, but so is NOK another dinosaur that may need to find for survival after the Asteroids (Iphone, Android) have hit.