It is said that BlackBerry maker RIM stock continued to fall on Monday, and below the $ 10 double-digit mark for the first time in the past decade, stock prices once again hit a 52-week low - $ 9.57 per share.
May 29, RIM announced that quarterly earnings will be at a loss and said it has hired banks to assess the company's development strategy. Subsequently, the company's stock all the way down, hit the lowest price since December 22, 2003 - $ 9.57 in trading U.S. stocks. cellphone cases wholesale
In accordance with the current share price, the RIM market capitalization of about $ 5.09 billion. Only five years ago, the company's market capitalization is about 16 times.
RIM investors and consumers have lost confidence in the company and the company's future to let the market do not see any hope. However, RIM has consistently maintained that the current difficulties are only temporary, the BlackBerry release of 10 will be reversing all. cellphone accessories wholesale
"We see less than any of the BlackBerry can be a powerful smart phone system with three competition of the situation." Wedge Partners analyst Brian Blair said, "We have more long-term view is still that RIM will be forced to focus on the low-end and developing markets, only here there is room for survival of the company. We believe that the mid-and high-end market no longer want the BlackBerry products. RIM want to provide a new, full of competitive, distinctive products and does not provide a physical keyboard, the application with no co-ordination of the ecosystem of enterprise and consumer markets, it is almost impossible to complete. cell phone case wholesale RIM has never been a software company, while RIM out of the smartphone market. big rival software company was born. "
Update, closing Monday's close, the RIM fell $ 0.60, or 5.85 percent, to close at $ 9.66, according to the closing price, the market value of $ 5.06 billion.
May 29, RIM announced that quarterly earnings will be at a loss and said it has hired banks to assess the company's development strategy. Subsequently, the company's stock all the way down, hit the lowest price since December 22, 2003 - $ 9.57 in trading U.S. stocks. cellphone cases wholesale
In accordance with the current share price, the RIM market capitalization of about $ 5.09 billion. Only five years ago, the company's market capitalization is about 16 times.
RIM investors and consumers have lost confidence in the company and the company's future to let the market do not see any hope. However, RIM has consistently maintained that the current difficulties are only temporary, the BlackBerry release of 10 will be reversing all. cellphone accessories wholesale
"We see less than any of the BlackBerry can be a powerful smart phone system with three competition of the situation." Wedge Partners analyst Brian Blair said, "We have more long-term view is still that RIM will be forced to focus on the low-end and developing markets, only here there is room for survival of the company. We believe that the mid-and high-end market no longer want the BlackBerry products. RIM want to provide a new, full of competitive, distinctive products and does not provide a physical keyboard, the application with no co-ordination of the ecosystem of enterprise and consumer markets, it is almost impossible to complete. cell phone case wholesale RIM has never been a software company, while RIM out of the smartphone market. big rival software company was born. "
Update, closing Monday's close, the RIM fell $ 0.60, or 5.85 percent, to close at $ 9.66, according to the closing price, the market value of $ 5.06 billion.
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