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J E F F
Whatta Ya Think About Dat?
Premium
join:2004-04-01
Kitchener, ON
kudos:1
Reviews:
·Rogers Portable ..
reply to Robrr

Re: RIM Earnings Out, Stock Surges

Good news for RIM:

quote:
RIM has $2.9 billion in cash, which is up $600 million.

More cash is more cash is more cash. That's a 25% increase.

Everything I've heard about the new BB10 has been positive. Apparently it is pretty powerful.

In other news, malware is targeting Android OS system pretty hard, so this might be a great opportunity for RIM to make a run for being strong in the market again.
--
If you can't explain it simply, you don't understand it well enough. - Albert Einstein


mlerner
Premium
join:2000-11-25
Nepean, ON
kudos:5

Cash doesn't much matter if they don't gain enough market share. Otherwise they'll be sitting around twiddling their thumbs for years.

quote:
It did $2.73 billion in sales a 47% year over year drop, but it beats expectations of $2.66 billion.