RIM’s PlayBook: Scoring in Garbage Time

You wouldn’t know it from Research in Motion’s share price today–down 3.35 percent at $46.74–but analysts were generally impressed with the PlayBook, the “professional tablet” the company announced at its developer conference Monday.

"Head in the Sand"? That's a Euphemism, Right?

Looks like somebody’s got a case of the Mondays–Research in Motion. Shares in the company slipped more than 6 percent to a new 52-week low today. This after charting a new 52-week low last Friday driven by the 27 percent drop they took after RIM issued a lower-than-expected forecast for the current period. That decline was the company’s steepest in eight years and belied CEO Jim Balsillie’s claims that emerging competition from new handset makers isn’t undermining RIM’s competitive position.

“Head in the Sand”? That’s a Euphemism, Right?

Looks like somebody’s got a case of the Mondays–Research in Motion. Shares in the company slipped more than 6 percent to a new 52-week low today. This after charting a new 52-week low last Friday driven by the 27 percent drop they took after RIM issued a lower-than-expected forecast for the current period. That decline was the company’s steepest in eight years and belied CEO Jim Balsillie’s claims that emerging competition from new handset makers isn’t undermining RIM’s competitive position.

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Motorola Hits 5-Year Low; Piper Cuts Rating to Sell; Deutsche Bank Slashes Outlook for ’08 Handsets

Thing just keep getting worse for Motorola (MOT). Battered today by negative notes from several analysts, the stock is headed for its lowest close in 5 years. And it isn’t all the company’s fault: there are mounting concerns on the Street that expectations for the handset market in general for 2008 are simply too high.