BlackBerry Torch: Quest for Fire

Good thing the success of Research in Motion’s new BlackBerry Torch hinges more on volume sales to enterprise than lines-around-the-block launch-week pandemonium, because the latter is evidently nowhere to be found.

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.
blackberry_squeeze

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Cisco: Goldman Downgrades, Credit Suisse Cuts Numbers

Cisco Systems shares are headed lower this morning after Goldman Sachs analyst Simona Jankowski cut her rating on the stock to Neutral from Conviction Buy, noting that the stock had reached her $18 price target. Jankowski writes that she maintains a positive long-term view on the stock, “as Cisco’s execution and balance sheet position it well to benefit from favorable secular trends in IP networking.”

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Motorola: Get Ready for Another Grim Quarter

The Street is bracing for another grim quarter from Motorola (MOT) when the handset maker posts results on July 31. Goldman Sachs’s Simona Jankowski this morning warned that the company is likely to miss consensus estimates for the quarter due to the continued weakness in its mobile devices business.