Tuesday, March 23, 2010
Research In Motion (RIMM) Going Higher
Research in Motion (RIMM) even at current levels is still cheap. RIMM reports earnings next Wednesday. Itz posted this report on RIMM just about 5 weeks ago >>READ
Positive for RIMM are that they are moving on their 'apps' programs >>READ
The bottom line is that BlackBerry continues to reign supreme in many of the enterprise segments, albeit pressure from iPhone & Android. The smart phone market will top 1 billion users by 2014, according to research firm Parks Associates, more than quadruple the number in 2009.
Nearterm resistance on RIMM is $85 longer term price target $100 (Itz Pix target) RIMM reports earnings next Wednesday 3/31