Research In Motion Limited (USA) (NASDAQ:RIMM)

The competition is too fierce, the product too weak, the ground too shaky, the wind too strong. Rest in peace, RIMM.

Bleak forecast and scared investors. Could drop up to 38%. Get out now!

Rimm is going down !
take it from this I.T. Possessional we are already phasing out bes software in our Company and starting to deploy Google Apps Device Policy saving tons of money and just as robust. Hey I remember when we started giving out BB to replace the palm pilots. and its happening now with RIMM. just saying it as it is. I'm in the field seeing it happen. Rimm is Palm all over again. just like palm couldn't compete with the blackberries. the blackberries can't compete with the apple or droids. You try reading an excel spread sheet or integrating some documents or accessing a db via a bb compared to a iphone and droid and tell me which one is better ? rest my case :)

RIMM maintains a strong grip on the enterprise market despite competition from APPL etc. RIMM has grown earnings consistently over the past 5 years yet is priced as if growth will decline drastically in the future. The price-implied growth expecations for this stock are way to pessimistic.

Not catering to the consumer trend, not understanding the social world and how the phone plays a vital role in it.
No dual cameras, closed OS, weak app store and bulky.

buy the dip

RIMM's glory days have come and passed. No excuse for the Blackberry Storm; the Playbook is decent but the market is so crowded now. Time to sell and move on.

I must admit my track record in picking mobile tech stocks has been horrendous. I missed Apple, thought Nokia would turn around, and sold my Google shares just before Android got up and running. Let's hope that RIMM can offer me some redemption. Barron's featured article has convinced me to buy.

Their phones are still used by business because of their security features. Worldwide demand presents a new opportunity since their products are cheaper than Apple, and Nokia has lost its way. Sales and profits have grown 30%+ the past three years. And this company is selling at a PE of 8, with no Long Term Debt and close to 2 billion in cash. Hello Microsoft! This could be an opportunity! The cash in Gates' back pocket would be enough for a down payment.

I just hope I'm finally right for once...Nokia has been my worst investment over the last two years. I don't need to follow it up with RIMM being just another value trap.

Massive loss of market share coming.

Crunched the numbers and calculated an intrinsic value of $62.55 per share.

View my analysis.
http://s285730042.onlinehome.us/stock_model/

Value-priced. Left for dead in the phone wars, but throughout 2010 - year of the Android - revenue continued to increase. No debt. High, stable ROI. Run-up in receivables is a concern - may increase the risk of an earnings miss ahead, but if RIMM can maintain a sizeable niche in a rapidly growing global market it'll keep pumping out cash for a long time.

Losing market share every day is not a way to outperform. Unless they come out with something incredibly different than what they offer now, RIMM won't be a major player for long.

RIMM is TRYING to stay relevant with the introduction of the Playbook tablet. But while that device seems to have nice hardware and operating system (We don't really know until the thing actually ships), the management seems utterly clueless. The CEO's recent comments about the Playbook running Android apps shows this. He seems to think it's nothing more than a box to check and not important at all otherwise. What he's not giving is a coherent message and strategy - it's more like we'll provide anything you want - Flash, check, Web, check, Native Apps, Check, Android and Blackberry Apps, check. No evidence exists that there is a shred of thought to how this device fits into an overall ecosystem or any real coherent strategy at all.

This company is over.

Investors are on crazy pills if they are selling shares of Research in Motion after yesterday's report. The company, which makes everything from the BlackBerry to the soon to be out PlayBook, its rival to Apple's iPad, reported earnings last night which seem to have scared investors out of their shoes. The thing is, what everyone else sees as a problem, I see as an opportunity.

Take for example the lower average selling price for its products. So it came in at $302 versus the consensus of $309 that analysts were looking for. I say so what! The market for smartphones is highly competitive and if RIM can get users to buy into their phones even on the low-end margin range, they should be thankful. Users are more likely to remain with the company they purchase from in the future, so RIM may have locked up additional future sales.

Did anyone even pay attention to the company's bullish guidance. Sure they're spending a lot to roll out their tablet and yeah they aren't giving any guidance on what they expect in terms of sales from the tablet - but as long as monkeys aren't running the company, the product should fly out the door as tablet demand is through the roof. Did anyone even notice that the company raised guidance to in excess of $7.50 for fiscal 2012 or am I on crazy pills here?

So growth is expected at around 15% by my estimates in 2012 and it's trading at roughly 7.7 times forward earnings for a PEG of basically 0.5. That's already dirt cheap! That says nothing about the $1.8 billlion in cash already on the books. I'm going to place a utopian buy limit of $48.30 on the stock and hope it hits. I honestly can't believe people can be this bearish on RIM - and yes, I'm not even a BlackBerry user!

TMFUltraLong

Disclosure: No ownership in RIMM at the time of writing this pitch

FoolDiligence (< 20) Submitted: 3/22/2011

Also, my charts show value, and potential. One event/product could elevate this stock, and in the meantime they will probably make at least some surges.

100% facts:

* Blackberry is a dinosaur and nobody wants it
* RIM is the next Nortel and Canadian tech companies are destined to fail
* The Blackberry is the next Palm Pilot
* RIM is losing market share in North America and margins are shrinking
* Nobody wants a Playbook and RIM has taken too long to launch it
* RIM doesn't have enough apps
* Steve Jobs is god and RIM cannot compete with Apple and Google

Now that we've got that out of the way, here are some notes and thoughts:

* Apple still doesn’t support Flash and also forgot to mention that the iPad2 only has 512Mb of RAM compared to the 1Gb of RAM in the Playbook, but then again, iPad 3 should be out soon.
* If you already own a BB, a PlayBook is a no-brainer, since you only need one data plan.
* Anyone who loves Apple or is loyal to their products has already picked up an iPad, an iPad2, or both.
* What happens if someone prefers a 7" tablet over a 10"?
* The "lackluster" and “technologically inferior” BB Torch was RIM's most successful selling smart-phone of all-time.
* Nokia is still the world's leader in smart-phone market share, but it is losing market share rapidly (Even faster than RIM in North America!). NOK's changeover to Windows, from their Symbian OS, will leave a window for RIM to take even more international market share where 2G device sales are still growing in pre-paid areas of Latin America, South Asia, and East Asia.

RIM Fundamental Analysis:

Share price over past 52-weeks: Down 20%
Revenue over past 52-weeks: Up 35%
EPS over past 52-weeks: Up 29%

* RIM has bought back over $2.9billion worth of shares over the past two years and Co-CEO's, Jim Balsille and Mike Lazardis own over 10% of the company - they eat their own food!
* RIM currently has $1.7billion of cash on the balance sheet and ZERO debt.
* RIM trades at a very low P/FCF of ~12.30x
* RIM continues to have a very high ROE, which is even higher than Apple's and Google's (42.99% compared to 36.8% and 20.68%)
* RIM trades at a low relative P/S (~1.70x) to its peers
* RIM trades near its own historical low P/E (currently ~11) and a forward P/E lower than Nokia's!

Long RIMM, AAPL

leader in emerging markets, will catch up in north america with playbook and new qnx phones and possible takeover.

Covestor Model Manager Sean Hannon sold RIMM in his Bottom-Up Analysis Covestor Model ( http://covestor.com/Sean-Hannon )

Though Research in Motion is losing the smartphone market in the US to Apple and Android phones, they are incredibly strong and growing in developing markets. They are the status symbol among phones in Africa (I lived in South Africa part of last year) and in the Global South. They create the most affordable (so far) of smartphones that allow the growing middle classes to buy them.