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RIM, sorry, Blackberry, might be all excited about BlackBerry10 and their shiny new handsets, but the world’s financial markets aren’t. Stock sank by 8 per cent over the course of the launch event, and it’s still on the down, marking a 5 per cent loss already today (and trading’s still got a ways to go in the USA before the market closes today). [Reuters]
I think I might get one.
Did they finally figure out that RIM are behind BlackBerry?
It was such a cunning plan too.
I would be feeling sorry for them if they hadn’t dismissed the iPhone like they did when it came out.
Talk about taking your eye off the ball! And then hibernating for a few years
Plan backfired
You can’t polish a turd!
But you can roll it in glitter.
hahahahaha that made me actually laugh out loud rather then just LOL
But you can wrap a turd in anodized aluminium and sell an arse-full of them shit fetishists – just saying.
According to MythBusters, you can!
Doesn’t stock always dive after these launch shows, just the market repositioning itself.
Yes, stock price always dives after a launch. Then after a couple of days it normally recovers.
I would be interested to find out why, because it does seem strange.
They say it is usually due to secrets and over expectation of that, or they say that about Apple. So I guess people think, is that it, and get twitchy fingers. But in BB’s case it may just be a real fall.
Anticipation the number 1 driving force of investors and driving up share price, its gone once the launch event is over. Just before the launch event the anticipation peaks and so does the share price, inevitably that means its gona dip on the other side of that peak. Investors like to buy before the launch gambling on success or failure of said event driving up the share price, that speculation dips after the event as does the share price.
Short term trades over the lead up to a trade announcement can be a fairly low risk way to make a quick buck. You either already own shares or buy a few days before, share price goes up in anticipation of the announcement, then you’re left with two choices: Sell and take your profits before the announcement comes out or is finished, or take the risk that it’ll be amazing and the share price will ride unicorns and rainbows up into the sky.
I know which choice I’d make when RIM is involved
Editor taking a day off today? “Investor’s”?!
While I scorn Blackberry, this is a good stride in the right direction at last, and it might just keep them going until they create something new of their own, instead of jumping on the Apple—Samsung—HTC—Nokia—Windows bandwagon.
They really couldn’t do anything else under the circumstances.
What is next though? A compact hand sized gadget such as an iPhone works so well for most people, they really don’t need to be lighter, smaller or a huge amount more clever, it seems to me the winners are going to offer significantly better battery life, levels of water resistance and bashability to offer real improvement.
Sure, you can throw in eight-core processors and zillion pixel displays, but nobody will really benefit other than bragging rights.
A waterproof tough smartphone which looks beautiful and has a four or five day battery life….thats going to swing people!!
“instead of jumping on the Apple—Samsung—HTC—Nokia—Windows bandwagon.”
Bandwagon? really?
What is your amazing design for a large screened, mobile computing, touch screen, communication device? Drop the screen? Make it round? Stick a banana on the back?
And to say the more processing power and more of any other technology is a pointless thing, well that just isn’t right. Today’s mobile devices are amazing, and they do amazing things because of those advancements, if it wasn’t for those advancements then something like this would be the best option for a mobile device today:
http://regineabos.files.wordpress.com/2010/08/nokia_5110.jpg
Instead of something like this:
http://img.fw1.biz/origin/80522/g-note-2-cradle-mhl2.jpg
We have came a long way, because of those aimless ‘bragging rights’. Today’s bragging right is tomorrow’s mainstream solution adopted by the masses.
You miss the point.
Current Smart-phones are all very impressive bits of kit, so when a new model comes out, the gains are minimal.
However, Battery life, robustness and water resistance are things nobody seems to want to address , but are things current users are crying out for.
Yes bandwagon….because RIM resisted it for so long, thats what they did.
Amazing!