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 Send to email | RIM Q2 Preview: High Hopes For New BlackBerries? (RIMM) in RBCAAPL |  By Silicon
el 25-Sep-2008 |  BlackBerry maker Research In Motion posts Q2 earnings this afternoon. Join us for LIVE coverage and analysis, beginning at 4 p.m. ET, including a live blog of their conference call, beginning at 5 p.m. RIM's look ahead will be the most important: With several new models launching this quarter, investors will be paying more attention to Q3 guidance than Q2 results.
RIM has forces working for it and against it: On one hand, it's selling its gadgets into a rapidly expanding smartphone market, where it's the top U.S. player. On the other hand, the economy is wobbly, Wall Street is dissolving, rival Apple (AAPL) has stolen a lot of recent attention with its new iPhone 3G, and the U.S. launch of RIM's latest, the 3G BlackBerry Bold, has been delayed until next month.
A marketing push behind the Bold at AT&T, the forthcoming Pearl Flip at T-Mobile, and the touchscreen Storm at Verizon Wireless should help RIM out in the November quarter. The company needs to guide around 3 million net subscriber additions and 7 million device shipments for Q3 or its stock will get clobbered. Anything above 3.5 million net sub adds and 8 million shipments would be upside.
Key Metrics:
Q2 Revenue: $2.60 billion consensus
Q2 EPS: $0.87 consensus
Q2 Net Sub. Adds: 2.6 million (RBC, AmTech), 2.7 million (Citi)
Q2 Device Shipments: 6.1 million (AmTech, Citi), 6.3 million (RBC)
Q3 Revenue: $2.95 billion consensus
Q3 EPS: $0.98 consensus
Q3 Net Sub. Adds: 2.9 million (Citi), 3+ million (RBC), 3.3 million (AmTech)
Q3 Device Shipments: 6.9 million (Citi), 7.4 million-7.5 million (RBC), 7.8 million (AmTech)
See Also:
Survey Says: BlackBerry To Keep Dominating Microsoft, Apple For Corporate Mobile Email
Say Hello To The $520 BlackBerry And The $600 iPhone
Republicans Try To Cheer Us Up With A Hilarious Joke: "John McCain Invented The BlackBerry"
RIM BlackBerry Sales "Slightly Disappointing" Ahead Of New Launches
RIM's Cheap Flip Phone Could Drive Huge BlackBerry Adoption, Says RBC
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 | Thoughts From Kansas |  Blogger | Weblog of a University of Kansas ecology and evolutionary biology student, fighting for progressive politics, evolution, and endangered species.
Thoughts from Kansas You will notice that it lacks definiteness; that it lacks purpose; that it lacks coherence; that it lacks a subject to talk about; that it is loose and wabbly; that it wanders around; that |
| My favorite things | | Among my favorite things are pie, blackberries, and good friends. Imagine what happens when a good friend writes an article about blackberries and blackberry pie:
It’s August in the Pacific Northwest, and the ubiquitous brambles of Himalayan blackberry, Rubus armeniacus, are suddenly covered with ripe berries, a transformation which radically –- hypocritically, ev [..] Read complete article | | Published 26-Aug-2008 by Thoughts in Biology
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| eBay defies ’softening’ economy | | Profits leap 22 per cent
eBay says that a softening economy has slowed its online auctions on both sides of the Atlantic. But the company still made an awful lot of money during the year’s first quarter. And it still has high hopes for the future.
TheRegister [..] Read complete article | | Published 17-Apr-2008 by Nerdblog in General
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Gears Of War Movie To Be Pro Wrestler-Free [Comic-con 08] | | At today's Gears of War panel at Comic-Con, Cliff Bleszinski from Epic Games was asked about the Len Wiseman directed movie based on the IP. Bleszinski, the executive producer on the Hollywood adaptation, says he has high hopes for the film. "Look, we kno [..] Read complete article | | Published 26-Jul-2008 by Michael McWhertor in Comic-con 08 cliff bleszinski Gears Of War Hollywood Movies Original
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Yahoo User Interface Blog | Blogger | Is a collection of industrial-grade JavaScript utilities and widgets that enable you to efficiently get the most out of today’s powerful web applications. Yahoo! User Interface Blog News and Articles about Designing and Developing wiht Yahoo! Libraries. |
| YUI 3.0 Preview Release 1 |  The YUI team is pleased to announce the public availability of YUI 3.0 Preview Release 1, an early look at what we’re working on for the next generation of the YUI Library. Documentation for YUI 3.0 is on the YUI website; the download is available on the YUI project area on SourceForge; you can find [...] [..] Read complete article | | Published 13-Aug-2008 by Eric Miraglia and Matt Sweeney in Development
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Preview: Toshiba Regza 42AV500E | | This 2008 entry-level LCD TV offers a combination of high dynamic contrast and outstanding value with an all-time low S$2,499 sticker price.
Join CNET Asia’s community
Get your tech questions answered, meet other gadget lovers, start your own blog and be heard!
http://asia.cnet.com [..] Read complete article | | Published 25-Apr-2008 by Nerdblog in General
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