Officially there is no comment as such received from Blackberry makers, but market analyst mentioned clearly about RIM's current depreciation in the entire mobile market. Analysts cited reasons as extreme competitions from other players & success of Android and iApple over last few months. Google has currently taken lead in the market of Smartphone OS, where Apple is too losing grip according to recent study.
RIM’s stocks went down after the release of its result of second quarter sales & profile. Margin slumped & trailed below the expected estimations. RIM’s $ 83 Billion empire started windup & fallen more than 80% from its record three years ago as compared to Google & Apple Smartphone customer ratios. Company’s sales dropped first time in last nine years, is quite surprising for everyone in the market. Last closed market price was also less than any communications equipment provider also. Investment gurus have taken hard note on present RIM market standing, as its pretty tough to envies a stock price between $ 40 & $ 50 somewhere. RIM’s spokeswoman declined to comment anything as this moment, over sudden surges in the market.
Today phone makers are using every benefited service to increase their market size & profits. Similar as HTC Taiwan based Smartphone maker, uses Android as well as MS operating systems and trading above 9 times profit whereas Apple being valued 11 times earnings next year.
RIM’s market is also declined due to no more breakthroughs in the technological terms & same services are offered by other players also in fewer prices as compared. RIM also faces some object able issues in country like India & Arab, where it failed to provide any sort of private deals via filters. It’s still on-hold from those countries, to decide its fate in coming years.
News Source: Bloomberg, Image: digitaltrends.com
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