Barron`s Lemminge gefüllt: RIMM up 26% - 500 Beiträge pro Seite

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Reuters
Research In Motion outlook threatened- Barron`s
Sunday August 31, 5:04 pm ET


NEW YORK, Aug 31 (Reuters) - Research In Motion (Toronto:RIM.TO - News; NasdaqNM:RIMM - News), which makes the popular BlackBerry wireless e-mail device, has seen its revenues accelerate and its stock price triple since last September, but the stock is expensive relative to earnings and revenue, Barron`s reported on Sunday.



RIM`s outlook is threatened by patent infringement battles with Good Technology and NTP, while the BlackBerry faces stiff competition from devices such as the Treo 600, made by Handspring (NasdaqNM:HAND - News) , which is soon to be acquired by Palm Inc. (NasdaqNM:PALM - News). Dell Inc. (NasdaqNMELL - News) also plans to offer a line of e-mail compatible devices early next year, Barron`s said.

Waterloo, Ontario-based RIM, the dominant player in wireless e-mail, expects revenue to continue rising in the second half of this year and is positioned to benefit from new handset sales and the introduction of improved "2.5G" wireless communications networks, Barron`s said.

But the magazine said that sales by insiders is another cause for concern. Canadian securities filings showed 17 insiders sold a total of more than 200,000 shares of stock, including co-Chief Executive Mike Lazaridis.

In Friday trade on the Toronto Stock Exchange (News - Websites), RIM shares fell 16 cents to C$39.36. In the past year, the stock has traded between a high of C$42.41 and a low of C$13.19

[southbound]

Reuters
RIM Says to Beat Forecasts, Stock Soars
Monday September 8, 5:34 pm ET
By Jeffrey Hodgson


TORONTO (Reuters) - Research In Motion Ltd. (Toronto:RIM.TO - News), maker of the BlackBerry e-mail device, said on Monday its second-quarter results will come in much better than forecast, sparking a 21 percent after-hours rally in its shares.
The Waterloo, Ontario-based firm said that, based on preliminary financial data, it expects revenue of $123 million to $126 million in the quarter ended Aug. 30 from sales of its popular BlackBerry email device, a favorite of investment bankers and lawyers.

That beat its previously forecast of revenues between $105 million and $115 million.

RIM said net income for the second quarter is also expected to exceed initial forecasts, with diluted earnings per share of between 2 cents and 5 cents.

Excluding a provision for patent litigation, RIM said it expects adjusted diluted earnings to be between 7 and 11 cents per share. The litigation provision is related to its court battle with privately owned NTP Inc.

"On the bottom line, this is profoundly better then many people ever thought the company could generate in earnings," said Barry Richards, an analyst with CIBC World Markets who owns the stock and rates it "outperform."

"I`m stunned at how much earnings leverage the company had. I just would not have thought 7 to 11 cents was doable. This is a bit of a surprise of a surprise on the top line and an absolute shocker on the bottom line."

RIM stock soared in after-hours trading on Instinet, jumping $5.87, or 21 percent, to $34.11 with more than 460,000 shares traded.

In Toronto RIM shares closed at C$38.75. The stock had risen 88 percent this year prior to the latest news, outperforming a 64 percent rise in the S&P/TSX Canadian information technology index.

RIM is scheduled to report final second quarter results on Sept. 25.

RIM said it expects to add between 94,000 and 97,000 net new subscribers in the quarter, beating its previous forecast 80,000 to 90,000 additions. This will bring the BlackBerry subscriber base above 700,000 subscribers.

Richards said the results were so much better than expectations it was understandable that the company chose to release them early.

He said the performance may be due to strong demand for its 6200 and 7200 series BlackBerries, which include models with color screens and built in cell phones.

"The guts of these devices are radically redesigned, so they`ve been able to cut out $125 to $150 worth of cost, so they`re now able to sell these things for a lot less than what they were selling product for before," he said