Unbelievable !! Rim has made in three (3) Quarters of Operations in their Fiscal 2013, a total loss of .86 cents, so far.
but has made over $10B for shareholders in the last nine fiscal preceding years
Again, RIM as a company is fundamentally solid with cash and zero debt .
However RIM stock that is trading on the Stock Exchanges is being taken down by
these Banksters and Hedgesters with their Analysts and Media .
Imagine RIM made from operations in 2009 (+$3.43) 2010(+$4.38) 2011(+$6.34) 2012(+$4.20)
Right, RIM banked a profit of $6.34 in Fiscal 2011 and the the whole share was trading this year
for $6.10 ( less than only one year profit)... unbelievable !!.
RIM warned that Fiscal 2013 will be unprofitable because of the transition over to BB10 .
RIM sell through of phones for Fiscal 2012 was 53.6 million units, and this was on their old phones.
I can't see why RIM would not be able to sell this amount on their newer phones in F2014.
The inventories of phones held by the Carriers were down about 12 millions in the last 2 years
and needed to be replenished somewhat.
Also with all those additional Carriers coming aboard, RIM will have to ship more phones out...
and we know the Revenue and earnings are based on these shipments.
Remember the Big players can bring down the stock, but not the Company.
So do your own due deligence and avoid the rumors and speculations.