RIMM under valued ?

will it go up ?

  • yes

    Votes: 5 45.5%

  • no

    Votes: 4 36.4%

  • dont care /dont have a opinion

    Votes: 2 18.2%
  • Total voters
    11
D

DDmaster

3.1 X earnings (according to IB) .....

this company has a market capitalization of 6.9 B $ and last year made net income of 3.4 B $....

why is this company trading so low?
blackberry is a world wide product...

it also has no debt that i can see ....

why is it down so much?


i just recently saw this , yesterday and i just bought a position.
 
Quote from Deas418:

They are losing their market share rapidly to Apple, Samsung, HTC ...
More...

i my self have a iPhone and love it , never owned a black berry ... probably never will.

but i must disagree and here is why :

this is the break down of RIMMs sales of blackberries :

2010
Q1 11.2 M
Q2 12.1 M
Q3 14.2 M

2011
Q1 13.2 M
Q2 10.6 M
Q3 14.1 M


for the first 3 quarters of 2010 they sold a total of 37.5 M phones, in the first 3 quarters of 2011 they sold 37.9 M phones and increase of 400,000 phones, i don't see this as a decrease in market share , if something it is a small increase or staying the same.

this company had a net income of 3.4 B $ last year and is currently valued at 6.9B $ , even if this year they make 1/2 the profit of last year i still think they are woafly under valued for such a large global brand with no debt.
 
Quote from Deas418:

http://tinyurl.com/85r2b49
More...

you know i hate it when people get information from someone else and don't check to see if its right.

you should always check.

according to the financial reports i have in Q3 apple sold 20.34M phones and black berry sold 14.1M phones so how i ask you can it be possible that apple (iphone) has 29% of sales and RIMM (blackberry) has 11%.

ALWAYS CHECK YOUR FACTS
 
smartphone-recent.png
 
Quote from DirkDigler:

smartphone-recent.png
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refer to my last post:

you know i hate it when people get information from someone else and don't check to see if its right.

you should always check.

according to the financial reports i have in Q3 apple sold 20.34M phones and black berry sold 14.1M phones so how i ask you can it be possible that apple (iphone) has 29% of sales and RIMM (blackberry) has 11%.

ALWAYS CHECK YOUR FACTS
 
They sold 1 % more smart phones(37.5 vs. 37.9M) and the total market expanded by 58% and you do not see the falling market share.

2010 total smartphones: 297 million smartphones
2011 total smartphones: 472 million

YoY increase in sales of 58%.

And their total market share is 8% like in chart: 37.9 / 472 = 0.08
 
Quote from Deas418:

They sold 1 % more smart phones(37.5 vs. 37.9M) and the total market expanded by 58% and you do not see the falling market share.

2010 total smartphones: 297 million smartphones
2011 total smartphones: 472 million

YoY increase in sales of 58%.

And their total market share is 8% like in chart: 37.9 / 472 = 0.08
More...

you know i love it when people pull numbers out of there ass just to make them selves look good!

apple iphone sales 2011 : 72 M units

lets plug this number in 72/472 = 0.15 (15%) not as your graph suggests 43%

Deas418 stop posting on this thread your just not adding anything constructive .

im looking for reasons to get out of this trade or why this company is so under valued , at the moment im not finding many , except for what seems to me inaccurate information being spread and everybody accepting it .

i will question every opinion set forward , and so should every one else.
 
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