Thoughts Looks like Rim is trading below book value, so is this a value play or a value trap?
Rim will be running Android apps next. That's good. Apple sells well because of the AppStore and mainly the games and entertainment and lifestyle illusion created by its advertising and marketing.
i bought a few ipads just because of Angry Birds and Plants vs. Zombies. But find those games very boring now. Definitely need Flash player. Annoying with Apple portable devices.
The iphone and ipads are just like toys to me. But i love the Playbook. Use it everyday for YouTube when i am not working and to check out Stockhouse now. If the new BB phone is like a small Playbook with phone and android apps with Flash Player and a long battery life, it will be a winner.
imo, this is a value play and the company will be set up for a big sale. Isn't that what Watsa does? Bought more shares today.