RIM’s BlackBerry Jam

Research in Motion’s disappointing fourth-quarter results have inspired a somber mood today among analysts who follow the company. Seems news of the company’s lower phone shipments has compounded fears that it is losing ground to Apple’s iPhone and the conga line of new Android handsets that have debuted recently.
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Chips: Needham Cuts Estimates; Sees Q1 Revs Off 15-20 Percent

Now that we’re experiencing Q4 earnings reports in all their glory, the time has come to shift focus to Q1. That’s what Needham chip analyst N. Quinn Bolton did this morning. And the picture is not pretty. He estimates that Q1 revenue will be down 15-20 percent compared to his previous estimate of 10 percent.