Fears about Research In Motion's (NASDAQ: RIMM) (TSE: RIM) lastest blowout quarter did not surprise investors after the earnings report. Research In Motion shares rose on Friday, but plummetted on Monday and Tuesday as investors simply gave up on the stock. The stock is currently lower than where the company had reported earnings of $1.74 per share showing 40% revenue growth and stable margins. Yet traders were unimpressed. RIM now trades at 9.8 times next year's earnings - less than a slow growing supermarket company.What most investors fail to realize however is the power of the upcoming PlayBook. RIM still dominates the smartphone market in terms of the number of people who own BlackBerries relative to other smartphones. When these consumers are deciding to buy their first tablet however, the PlayBook will make the most economical sense to them. Why? The PlayBook is directly compatible with a BlackBerry. Although it comes with the latest leading edge features, there are two results from this BlackBerry compatibility feature that will save consumers money. The first is that the PlayBook itself will be cheaper as it does not need wireless chips. It uses the BlackBerry's wireless capability to browse the web. This leads into the second point which is no monthly bill for the PlayBook. While other tablets such as Apple's (NASDAQ: AAPL) iPad, and HP's (NYSE: HPQ) Slate will require users to pay an additional phone bill, BlackBerry users will simply continue to pay their regular BlackBerry bill and that's all. Over the years this could essentially save customers thousands of dollars - a large plus for consumers and businesses looking to adopt this next generation of tablets.
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