Why has CrackBerry More than DOUBLED in past 6 months?
I just looked at RIMM shares, and while affected somewhat recently by iPhone announcement, in the past 6 months it has more than doubled, and past 6 months OUTPERFORMED AAPL. WHY ????? Anyone??????
RIMM : $66 to $142 past six months
AAPL: $63 to $97 (high) now $84-ish
RIMM : $66 to $142 past six months
AAPL: $63 to $97 (high) now $84-ish
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I just looked at RIMM shares, and while affected somewhat recently by iPhone announcement, in the past 6 months it has more than doubled, and past 6 months OUTPERFORMED AAPL. WHY ????? Anyone??????
RIMM : $66 to $142 past six months
AAPL: $63 to $97 (high) now $84-ish
RIMM's stock price wa depressed for a long time as a result of a 2003 lawsuit filed by a small email company called NTP claiming patent infringement. RIMM's popular email technology would have been crippled. After about 3 years of legal jousting, RIMM finally settled lifting a large burden from those interested in investing in the stock. Just Google search "RIMM NTP lawsuit" if you want to follow the whole complicated protracted story.
I just looked at RIMM shares, and while affected somewhat recently by iPhone announcement, in the past 6 months it has more than doubled, and past 6 months OUTPERFORMED AAPL. WHY ????? Anyone??????
Perhaps because the Pearl came out during that time period?
I heard about the RIMM lawsuit, it was the first time I heard about BlackBerry being a product of the somewhat funnily named "Research In Motion"...
Cool thanks. I am still coming out of MacWorld thinking that any PDA-like device on the planet that has a physical plastic keyboard was thrown in the trash the moment Steve Jobs announced the iPhone.
I heard about the RIMM lawsuit, it was the first time I heard about BlackBerry being a product of the somewhat funnily named "Research In Motion"...
If you're ever been on Wall Street, you'll see guys checking their Blackberry's every minute or so since email is being "pushed" into their email boxes constantly. They don't have to "pull" it out of their account the way we do by logging into our services. So, RIMM has a very affluent loyal installed base. They do however worry constantly about Nokia et al and now a possible new kid on the block--Apple.
Cool thanks. I am still coming out of MacWorld thinking that any PDA-like device on the planet that has a physical plastic keyboard was thrown in the trash the moment Steve Jobs announced the iPhone.
I'd love to use an Apple iPhone, it looks incredible, but until it has the enterprise features (wireless calendar/email/address book/etc sync from Exchange) it's not really an option for most business users.