Its all about Research In Motion (RIMM) Today

Posted June 25th, 2008 by theStockMasters...
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Research In Motion Limited (NASDAQ:RIMM) reports after the close today and is expected to earn 85 cents per share on revenue of $2.27 billion for its fiscal first quarter. Can the Blackberry take RIMM shares a new 52-week high?

Wall Street has high expectations for RIMM, they believe the company will report a solid first quarter while preparing to release a flurry of new products in the coming months to ensure its dominance in the business-oriented smart phone market.

RIMM shares are down a bit this morning after some comments from RBC, but the real deal is the Q1 2009 Earnings Conference Call this afternoon. 5:00PM ET Add to calendar

Place your bets gentlemen.

Recent Analyst Take:

23-Jun-08 Reiterated RBC Capital Mkts Outperform $150 → $165
18-Jun-08 Reiterated Lehman Brothers Overweight $145 → $165
16-Jun-08 Reiterated AmTech Research Buy $165 → $205

 

 

1998 revenue $21 million ...

On June 25th, 2008 bizhistories (not verified) says:

1998 revenue $21 million ... 1999 $47.5 million ... 2000 $85 million ... 2001 $221.3 million ... 2002 $294.1 million ... ... 2008 $2.27 billion! Revenue just about doubles every year.
http://www.fundinguniverse.com/company-histories/Research-in-Motion-Ltd-...

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