RIM shares hit 8 year low, drop 15% after release of Alpha Developer's handset
0. phoneArena 04 May 2012, 08:19 posted on
Since Tuesday, when RIM passed out thousands of free Alpha Developer's handsets at BlackBerry World Conference, its shares have dropped 15% to an 8 year low of $11.92; is it all a misunderstanding by analysts and investors?...
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1. mercorp (Posts: 1022; Member since: 28 Jan 2012)
SELL SELL SELL SELL
SELL AWAY YOUR RIM STOCKS!!!!!!
2. axllebeer (Posts: 271; Member since: 05 Apr 2011)
It's going to be a rough summer for RIM since the best thing they will have to offer before BlackBerry 10 is a 4G PlayBook. The stock will float around where it is and upon the release, assuming they are not too late, after a few months post device launch we will see what happens to the company.
My fingers are crossed and I REALLY want to see then succeed!
4. grif_ (Posts: 61; Member since: 28 Apr 2012)
The concept of a developer's phone is lost on most ppl who read these articles. js
5. akita256 (Posts: 80; Member since: 26 Jan 2012)
It's sad but Thurston Heins doesn't seem to have a clue. He's like a babe in the woods. Too inexperienced and too naive to know which way to turn.
6. thelegend6657 (unregistered)
RIM vs Nokia 2 company which one you like more ?
10. ayephoner (Posts: 850; Member since: 09 Jun 2009)
nokia is on board with windows. and microsoft is such a giant, i think you have to side with nokia. windows mobile did a pretty good job of reinventing themselves and seem to have a bright future. we'll see if rim can pull off something similar.
11. thelegend6657 (unregistered)
Before bb10 I disliked blackberry .
Before iPhone 4 I am a big Nokia fan
7. android1234 (Posts: 135; Member since: 09 Feb 2010)
I thonk that Rim could reallly turn this around....have to see more of tje BB10 software and hardware. They really have to push recent hardware specs....720p 4.5 " and up display, quad core processor, 1gb ram, 8+ megapixel cam with superb optics, a vastly improved market place or store woth morrree apps. They really have to make BB10 run silky smooth at all times.
9. ayephoner (Posts: 850; Member since: 09 Jun 2009)
i agree with you, except i simply dont see rim pulling this off.
i just dont think bb10 or their devices will be refined enough to seriously compete with the big 2 (or 3). most people have it stuck in their heads that bb is dead. not sure this late surge is going to be enough for them.
8. speckledapple (Posts: 892; Member since: 29 Sep 2011)
I care not about wall street as they spend a great deal of time speculating on things. In some circles, stock prices matter but for RIM, they should just keep on changing things for the better. From what I saw it looks pretty substaintial as long as they keep it up to date with competitors and really release some compelling hardware to go with it. They do that, then the stock price will matter less as it will go up. Such things.