Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Legal
Deals
Earnings
Social Pulse
Business Video
The Freeland File
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Reuters Investigates
Decoder
Politics
Politics Home
Election 2012
Issues 2012
Candidates 2012
Tales from the Trail
Political Punchlines
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Tech Tonic
Social Pulse
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Bernd Debusmann
Nader Mousavizadeh
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Edward Hadas
Hugo Dixon
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Jack & Suzy Welch
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
James Saft
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Money Clip
Investing 201
Life
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Reuters TV
Reuters News
Article
Comments (0)
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
California man arrested in killing of girlfriend with cannon
06 Mar 2012
Obama mulls giving Moscow data on missile defense
06 Mar 2012
What sank the Titanic? Scientists point to the moon
6:43am EST
Apple's next iPad may be a 4G game changer
|
10:14am EST
Labor market shows more signs of life
10:24am EST
Discussed
153
Obama warns against ”loose talk” of war on Iran
115
Conservative activist Andrew Breitbart dies: LA coroner
104
Three Occupy Oakland protesters charged with hate crimes
Watched
U.S. Navy kicks off rail gun tests with a bang
Tue, Feb 28 2012
Israeli device takes the thirst out of war zones
Mon, Mar 5 2012
E-athletes battle in MLG StarCraft II tournament - Tech Tonic
Mon, Mar 5 2012
RIM results will continue to disappoint: BMO
Tweet
Share this
Email
Print
Related News
RIM may warn on BlackBerry shipments, analyst says
Thu, Mar 1 2012
New, faster Apple iPad expected next week
Tue, Feb 28 2012
Nokia unveils cheaper Windows smartphone
Mon, Feb 27 2012
RIM's PlayBook gets email with software upgrade
Tue, Feb 21 2012
Analysis & Opinion
Why patent trolls don’t need valid patents
Apple needs more than a good lawyer in China
Related Topics
Tech »
Hot Stocks »
Asian Markets »
Media »
iPad »
Visitors inspect Blackberry mobile phones at their booth at the CeBit computer fair in Hanover, March, 6, 2012.
Credit: Reuters/Fabrizio Bensch
Wed Mar 7, 2012 8:46am EST
(Reuters) - Research In Motion's revenue and margins will continue to disappoint in the coming quarters due to a lack of clarity on the launch and impact of its latest version of BlackBerry, BMO Capital Markets said.
The Canadian company, which is battling unimpressive sales of its existing suite of products, has said the smartphones would be out in the second half of 2012.
Analysts view the launch, of what RIM has dubbed the BlackBerry 10, as a "make or break" event.
"We are ... more cautious on the timing and impact of Blackberry 10 Smartphones, which at best should arrive in the November quarter," analyst Tim Long said and cut his price target on the company's U.S. shares by $3 to $12.
"While we see some value in the subscriber base ... we struggle to see how it will be unlocked," Long said in a note to clients.
U.S. shares of the company were down 1 percent at $13.27 premarket on Wednesday.
RIM's shares have slumped 80 percent from a peak in February last year as the company misjudged the shifting landscape and botched the launch of the PlayBook, a poor-selling alternative to Apple's iPad tablet.
"Both ARPU (average revenue per user) and service margin will come under pressure in the next few quarters," Long said.
Long is rated five star by Thomson Reuters StarMine for the accuracy of his earnings estimates on RIM. StarMine awards the top 10 percent of analysts five stars.
RIM's U.S. sales have fallen for five straight quarters, as consumers embrace Apple's iPhone and high-end devices running Google's Android software. RIM will report its latest quarterly results on March 29.
(Reporting by Aftab Ahmed in Bangalore; Editing by Maju Samuel)
Tech
Hot Stocks
Asian Markets
Media
iPad
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
Copyright
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.