Thursday, June 28, 2007


  • Research in Motion (RIMM) reports earnings and a 3-1 stock split,and the stock is up 15% afterhours.  So the Blackberry is soaring on the eve of the release of the Apple iPhone?  And there have been people camping out (for days) waiting to buy the iPhone?  Just thinking out loud here. 
  • Lets do a comparison.  The Blackberry is Netscape, and the iPhone is Internet Explore.  Did you load up the boat on Netscape as IE entered the market?  How's that for a comparison?  OK, so IE didn't sell for $600 plus a monthly contract; neither did Netscape.
  • Now, I know I was a little hard on the iPhone in my Premature iCelebration entry.  I'm getting more anecdotal evidence from coworkers that they're not interested in the $600 thing that doesn't do broadband.  So how the iPhone does over the next 6-12 months should be interesting.  But the reality is that there is a lot of hype for the iPhone and people want the cool phone.  Plus, this is a gorilla entering the smartphone arena.  Apple will capture market share; and that's a chunk of the same market share that uses Blackberries and other smart phones.
  • So if a stock price represents how a stock will do in the future, how do you feel about the RIMM 15% advance on the night before the iPhone?  Maybe it truly is a "crack" berry. 

For some reason, I have the drum beat to the Fleetwood Mac song "Tusk" going through my head.  What's that all about?

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