Research In Motion (RIMM) recently announced the fiscal year Q4 2011 earnings, in which it gave a disappointing revenue outlook for FY Q1 2012 quarter. Its shares tumbled by 10% in the after-market hours after the announcement and opened around these levels Friday morning. RIM, which competes with Apple (AAPL), Nokia (NOK) and Motorola Mobility (MMI) in the smartphone market, stands to lose further ground in the near-term as suggested by the weak outlook. However, we still believe there is value for long term holders of the stock despite the disappointing guidance.

We have updated our price estimate for RIM stock to $69.59, which is about 25% higher than market price.

Continue reading RIM Worth $70 Though Near-Term Concerns Are Warranted

RIM Worth $70 Though Near-Term Concerns Are Warranted originally appeared on BloggingStocks on Mon, 28 Mar 2011 12:30:00 EST. Please see our terms for use of feeds.

The fast moving world of investing can turn on a dime, especially if you own technology stocks. Research In Motion (RIMM) was a smartphone darling. But then came the iPhone and now the iPad. Then we have Google's (GOOG) Android following on Apple's (AAPL) heels.

RIM suddenly woke up a found that it had fallen off its perch. Now the company is scrambling to do catch up. BlackBerry is losing North American market share and the company expects to ship only 13.5 to 14.5 million Blackberry's this quarter, down from 14.9 million last quarter, according to Reuters.

Continue reading Would You Buy RIM on the Dip?

Would You Buy RIM on the Dip? originally appeared on BloggingStocks on Fri, 25 Mar 2011 15:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Akamai (AKAM) to overweight from neutral at Piper Jaffray.
• Las Vegas Sands (LVS) to buy from neutral at UBS.
• Aetna (AET) to Outperform from market perform at Leerink.
• Hot Topic (HOTT) to buy from neutral at Janney Capital.
• Colonial Properties (CLP) upgraded to Outperform from market perform at FBR Capital and to buy from hold at Citigroup.
• Altera (ALTR) to buy from hold at Citigroup.
• American Reprographics (ARC), CarMax (KMX) and American Campus (ACC) to outperform from neutral at RW Baird.
• Zebra Tech (ZBRA) to neutral from underweight at JPMorgan.
• IMAX (IMAX) to buy from hold at Canaccord.
• Basic Energy (BAS) to neutral from sell at Goldman.
• Mednax (MD) to buy from neutral at BofA/Merrill.
• UTi Worldwide (UTIW) to buy from hold at Stifel Nicolaus.

Continue reading Analyst Calls: AET, AKAM, BBY, DVN, HOG, IMAX, LVS, RIMM, UNH, URBN ...

Analyst Calls: AET, AKAM, BBY, DVN, HOG, IMAX, LVS, RIMM, UNH, URBN ... originally appeared on BloggingStocks on Fri, 25 Mar 2011 11:30:00 EST. Please see our terms for use of feeds.

A few weeks back, we noted that while Apple's (AAPL) products continue to see huge demand, a key concern for the company is management of supply-related constraints. The recent Japanese earthquake has now added to these concerns. According to market research firm iSuppli, the earthquake may cause logistical disruptions and supply shortages for the newly launched iPad 2. Although Apple remains king of the tablet market, it is expected to face a growing set of challengers in 2011 from Research In Motion (RIMM), Motorola Mobility (MMI), Dell (DELL), Samsung and LG.

We maintain a $420 price estimate for Apple stock, roughly 25% above market price.

Continue reading Japanese Earthquake Could Cause iPad Shortage

Japanese Earthquake Could Cause iPad Shortage originally appeared on BloggingStocks on Thu, 24 Mar 2011 12:30:00 EST. Please see our terms for use of feeds.

The shares of Research In Motion (RIMM), which I first wrote about on May 5, 2009, at a price of $77.07, remain a stock that's decidedly not for the squeamish.
RIM's roller-coaster rebound continued during the winter, with the stock rising from $61 to test $70 resistance, before retreating back to $62.

RIM's 2011 revenue will likely jump 35% to 40% on strong sales of BlackBerry wireless email devices -- a device that has become the standard in large corporations and public institutions, and that is gaining traction in the consumer segment. Unit sales and subscriber growth remain adequate, but average selling prices are likely to continue trend lower amid increased competition. Revenue from tablets also should begin to make their presence felt in 2011. In 2010, Research's revenue surged 35%.

Continue reading Research In Motion's Bumpy Uptrend Continues

Research In Motion's Bumpy Uptrend Continues originally appeared on BloggingStocks on Wed, 23 Mar 2011 14:40:00 EST. Please see our terms for use of feeds.

Research In Motion (RIMM), which designs and develops the BlackBerry line of smartphones, is also expected to launch its PlayBook tablet in the first quarter of 2011. RIM, which competes with Apple (AAPL), Motorola Mobility (MMI) and Nokia (NOK) in the mobile phone market, is expected to face stiff competition from Apple's iPad and Google's (GOOG) Android-based tablets.

RIM lacks the apps ecosystem strength enjoyed by Apple and Google, one reason why RIM has been slowly losing its share in the smartphone market. Without a conscious effort to improve its app platform, RIM's PlayBook may not gain much traction in the tablet market.

See our full analysis and $74.28 price estimate for RIM.

Continue reading PlayBook Compatibility with Android Apps Could Be Win-Win for RIM and Google

PlayBook Compatibility with Android Apps Could Be Win-Win for RIM and Google originally appeared on BloggingStocks on Tue, 08 Mar 2011 13:30:00 EST. Please see our terms for use of feeds.

Google's (GOOG) mobile operating system, Android, is an example of how acquisitions have made a big difference. This technology came from a deal struck in 2005. Then, after lots of internal development, Google launched Android in 2007. Since then, the growth has been sizzling.

In fact, according to the most recent report from comScore, Android's market share hit 31.2%. Yes, it is now the number one mobile operating system.

Continue reading Android Becomes the King of Mobile

Android Becomes the King of Mobile originally appeared on BloggingStocks on Tue, 08 Mar 2011 12:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Research In Motion (RIMM) to buy from sell and Gap (GPS) to hold from sell at Citigroup.
• Archer Daniels (ADM) and Airgas (ARG) to buy from hold at Jefferies.
• NCR Corp. (NCR) to conviction buy from neutral at Goldman.
• Valero Energy (VLO) to top pick from sector perform and Western Refining (WNR) to outperform from underperform at RBC Capital.
• Fred's (FRED) to overweight from neutral at JP Morgan.
• Marsh & McLennan (MMC), Willis Group (WSH) and Brown & Brown (BRO) to equal weight from underweight at Barclays.
• Host Hotels (HST) to outperform from neutral at RW Baird.
• La-Z-Boy (LZB) to strong buy from market perform at Raymond James.

Continue reading Analyst Calls: ADM, BBY, ETN, FDO, HNZ, GPS, MAR, NCR, RIMM, VLO ...

Analyst Calls: ADM, BBY, ETN, FDO, HNZ, GPS, MAR, NCR, RIMM, VLO ... originally appeared on BloggingStocks on Wed, 16 Feb 2011 11:30:00 EST. Please see our terms for use of feeds.

First we had the iPhone revolution. Now, The Financial Times reports that Apple (AAPL) is planning to expand the iPhone to handle mobile commerce, giving the company access to the multibillion-dollar transaction industry.

You are probably wondering what and how this will be done. The iPhone 5, due out this year, likely will incorporate technology called Near Field Communication (NFC). NFC incorporates financial account information and ties the data to specific devices.

Continue reading Apple Expected to Include 'Wave & Pay' with iPhone 5

Apple Expected to Include 'Wave & Pay' with iPhone 5 originally appeared on BloggingStocks on Sat, 05 Feb 2011 13:40:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Tiffany (TIF) to outperform from perform at Oppenheimer.
• Kellogg (K) to outperform from market perform at Wells Fargo.
• Citizens Republic (CRBC) to outperform from market perform at FBR Capital.
• Research in Motion (RIMM) to equal weight from underweight at Morgan Stanley.
• MWI Veterinary Supply (MWIV) and Elster (ELT) to overweight from neutral at Piper Jaffray.
• Paetec Holding (PAET) and Patterson-UTI Energy (PTEN) to buy from hold at Citigroup.
• New Gold (NGD) to outperform from market perform at BMO Capital.
• Aviat Networks (AVNW) to buy from hold at Needham.
• Abiomed (ABMD) to buy from hold at Jefferies.
• Animal Health (AHII) to outperform from neutral at RW Baird.
• PNM Resources (PNM) to overweight from neutral at JPMorgan.

Continue reading Analyst Calls: COMV, FSLR, K, LDK, NGD, PTEN, RIMM, STD, TIF ...

Analyst Calls: COMV, FSLR, K, LDK, NGD, PTEN, RIMM, STD, TIF ... originally appeared on BloggingStocks on Fri, 04 Feb 2011 12:30:00 EST. Please see our terms for use of feeds.

It's not enough to be on every metropolitan street corner; now Starbucks (SBUX) is trying to be even bigger (in one sense of the word) -- and faster, too. Thirsty folks longing for a Big Gulp­-style coffee beverage are in luck as the Seattle-based coffee chain is set to roll out its new "Trenta" size for iced drinks.

The new size, seven ounces bigger than the Venti, will be 31 ounces. Trenta, by the way, means "thirty" in Italian. It's also a valley in Slovenia and a small town in the Italian province of Cosenza. This new size trumps Dunkin Donuts, which offers its iced beverages in 24-ounce serving sizes.

Continue reading Starbucks: New Size, New Payment Method

Starbucks: New Size, New Payment Method originally appeared on BloggingStocks on Wed, 19 Jan 2011 12:30:00 EST. Please see our terms for use of feeds.

The BlackBerry is still the device of choice among corporate users, according to Research In Motion's recent third-quarter earnings report. The Canadian smart phone maker (RIMM) announced a 40% growth in shipments from a year ago to 14.2 million units.

Record shipments helped revenues rise 40% from last year to $5.48 billion. Of this, 62% of sales came from devices, 15% from services an 3% from software and other areas. RIM says it added 5.1 million net new BlackBerry accounts during the third quarter, raising its base to 55 million.

Continue reading BlackBerry Drives Reasearch In Motion's Profits Higher

BlackBerry Drives Reasearch In Motion's Profits Higher originally appeared on BloggingStocks on Fri, 17 Dec 2010 09:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Amgen (AMGN) to overweight from neutral at Piper Jaffray.
• Goodrich Petroleum (GDP) to outperform from market perform at Wells Fargo.
• Tutor Perini (TPC) to buy from neutral at UBS.
• Covidien (COV) to buy from neutral at Goldman.
• Sara Lee (SLE) and Comcast (CMCSA) to outperform from market perform at Bernstein.
• Research In Motion (RIMM) to outperform from sector perform at FBN Securities.

Continue reading Analyst Calls: AMGN, CMCSA, GDP, FAST, FLR, KBR, PGR, RIMM, SLE, WAG ...

Analyst Calls: AMGN, CMCSA, GDP, FAST, FLR, KBR, PGR, RIMM, SLE, WAG ... originally appeared on BloggingStocks on Tue, 14 Dec 2010 11:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Google (GOOG) to outperform from neutral at Wedbush.
• Nike (NKE) to buy from neutral at UBS.
• Apollo Group (APOL) to market perform from underperform at FBR Capital.
• JDSU (JDSU) to overweight from neutral at Piper Jaffray.
• NetApp (NTAP) to overweight from equal weight and Verigy (VRGY) to equal weight from underweight at Barclays.
• RSC Holdings (RRR) to outperform from neutral at RW Baird.
• Exelon (EXC) to buy from hold at Jefferies.
• Aon (AON) and Willis Group (WSH) to outperform from market perform at Keefe Bruyette.
• BMC Software (BMC) to outperform from neutral at Cowen.

Continue reading Analyst Calls: AON, APOL, EXC, GOOG, NKE, NTAP, RIMM, UA, VRGY ...

Analyst Calls: AON, APOL, EXC, GOOG, NKE, NTAP, RIMM, UA, VRGY ... originally appeared on BloggingStocks on Mon, 13 Dec 2010 11:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Research In Motion (RIMM) to buy from hold at Jefferies.
• Citigroup (C) to buy from hold at ISI Group.
• Integrated Silicon (ISSI) to buy from hold at Auriga.
• Kinross Gold (KGC) to outperform from neutral at Credit Suisse.

Continue reading Analyst Calls: C, CHK, EBAY, KMB, MRK, NSRGY, PFE, RIMM, SNDA, VRA ...

Analyst Calls: C, CHK, EBAY, KMB, MRK, NSRGY, PFE, RIMM, SNDA, VRA ... originally appeared on BloggingStocks on Tue, 30 Nov 2010 11:00:00 EST. Please see our terms for use of feeds.

Options Update: Research In Motion Options Active as Shares Rallied 6% originally appeared on BloggingStocks on Wed, 27 Oct 2010 09:00:00 EST. Please see our terms for use of feeds.

After the closing bell sounded Monday, Canadian tech firm Research In Motion Ltd. (RIMM) released the BlackBerry PlayBook, its answer to Apple's (AAPL) iPad. The tablet has a 7-inch LCD screen, a front-facing video camera, and a 1Ghz dual-core processor. The PlayBook will also support Adobe's Flash.

The PlayBook wasn't a real surprise, as The Wall Street Journal hinted a week ago that RIM would introduce a tablet. While the company didn't release the price, Silicon Alley Insider posits that BlackBerry will assign a price tag in the $400 to $500 range. Why not introduce the price now? Silicon Alley Insider suggests that this was a smart move by RIM, as it could be as many as six months before the PlayBook will ship, which means there may be more competition from other companies, along with the potential for a new iPad from Apple. Waiting allows RIM to gauge the prices from the other companies and price its offering a bit more competitively.

Continue reading Will Research In Motion's BlackBerry PlayBook Challenge the Apple iPad?

Will Research In Motion's BlackBerry PlayBook Challenge the Apple iPad? originally appeared on BloggingStocks on Tue, 28 Sep 2010 12:00:00 EST. Please see our terms for use of feeds.

In the smartphone business, it's hard not to get interest from customers. Hey, even Sprint (T) has seen lots of uptake for its next-generation phones. And Nokia's (NOK) upcoming N8 has received the most preorders in its history.

Yet Research In Motion (RIMM) can't seem to get traction. Consider that its Torch was a dud.

True, RIM still has a massive installed base, especially in the valuable corporate market. And the latest quarterly report was reassuring. But the fact remains that RIM's shareholders need a catalyst.

Continue reading RIM's BlackPad Ready to Take On the iPad

RIM's BlackPad Ready to Take On the iPad originally appeared on BloggingStocks on Wed, 22 Sep 2010 11:50:00 EST. Please see our terms for use of feeds.

Options Update: Research In Motion Volatility Collapses After EPS Report originally appeared on BloggingStocks on Sun, 19 Sep 2010 09:10:00 EST. Please see our terms for use of feeds.

Thursday, Research In Motion Limited (RIMM) announced that its quarterly earnings came in at $1.46 per share, compared to 83 cents per share a year ago. Not only did the results top those from a year ago, but the results topped analysts' expectations for $1.36 per share.

Turning to revenue, RIM raked in $4.62 billion, 31% better than a year ago as well as better than estimates for $4.49 billion.

During the quarter, the company shipped 12.1 million smartphone units and added 4.5 million new subscribers. While the new subscribers came in short of the expected 5 million, the 12.1 million shipped units was better than the forecast 11.8 million.

Continue reading Research In Motion Tops Earnings, Revenue Estimates

Research In Motion Tops Earnings, Revenue Estimates originally appeared on BloggingStocks on Fri, 17 Sep 2010 10:30:00 EST. Please see our terms for use of feeds.