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RIM Redux – Is BlackBerry 10 Good Enough to Prompt a Turnaround?

I recently penned a missive after Research in Motion (NASDAQ:RIMM) reported better-than-expected earnings, with the rather snarky title “Say RIMM Stock is Back With a Straight Face – I Dare You.” A handful of readers took to the comment section to tell me I unkind, uninformed and just plain wrong about RIMM stock … so like any self-aware blogger in the 21st century, I felt it my duty to re-examine the issue with a third party to see if I was in fact being a crackpot.

Turns out… no. Click and take a listen using the player embedded here.

Tom Taulli — a veteran tech analyst, InvestorPlace.com writer and the author of “How to Create the Next Facebook” — agrees with me on RIMM stock. The gist: Apple (NASDAQ:AAPL) is killing it on margins while Research in Motion is discounting BlackBerry handsets just to get bought. Meanwhile  Google (NASDAQ:GOOG) is winning the market share war with some 68% of global smartphones running an Android OS.

BlackBerry? Well, it’s neck and neck with Nokia (NYSE:NOK) and Microsoft (NASDAQ:MSFT) phones. Not a great place to be.

Take a listen for the full rundown of challenges, including the shrewd point made by Tom that even if BlackBerry 10 technology is superior (a leap of faith to make that assumption to be sure) that in itself doesn’t guarantee success for RIMM stock or the company as a whole.

Related Reading:

Jeff Reeves is the editor of InvestorPlace.com and the author of “The Frugal Investor’s Guide to Finding Great Stocks.” Write him at editor@investorplace.com or follow him on Twitter via @JeffReevesIP. As of this writing, he held a long position in Apple but no other stocks named here.

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Comments
  • frank

    typical i phone user

  • Pastor BlackBerry

    Well done, you found someone that agrees with you. You know what this means? It means there are 2 clueless morons that just don’t get it. By the way, have you seen the stock today. This is only a hint of what’s to come.
    Get a clue buddy!

  • ojil1999

    AS someone who has never used a BB product, I would definitely be open to trying one. At least would rent it from Gizmotakeout or rent a cell.

  • Guest

    What was the point of this article?

  • Tyrannosaurus Rex

    Oh, that’s cute. You must be blind to ignore the stock price during the previous days. It’s the highest price in 4 months which occurred after the release of your iPhone 5 which was supposed to kill or at least slam RIM to the ground. Typical iPhone user. Tsk.

  • Guest1

    Guess he wan’t to let everyone know he wasn’t crazy ’cause he found another crazy person that agrees with him. Two crazies don’t make a right!!

  • QNX RTOS

    Blackberry 10 is a micro-kernel OS, most phones are using a monolithic designs

  • http://www.facebook.com/people/Susan-Antony/1784964840 Susan Antony

    Yes, so since RIM is selling their older version smartphones for a loss, there is no possible way they will sell their new OS smartphones at a profit.
    Good thinking.
    BTW, didn’t Apple lower the price of their iPhone 4S before they started selling their new phones with the new OS?
    RIM is just clearing out old stock and at the same time building up their customer base many of whom pay a monthly fee to use its services regardless of how much they paid for the phones up front.

  • creoleflame

    I know how it feels to have a quota on articles you MUST contribute by a certain date… No worries, we know that you don’t even believe the stuff you write.

    You may want to double check the actual degrees on that slant…it may need a little reinforcement around Q1 2013.

    …ijs.