Analyst Claim: RIM will be Forced to Slash BlackBerry Fees

Research In Motion last year gained almost US$1-billion from the service last quarter, one-fifth of its total sales, much of this gained from its network infrastructure, enabling it to encrypt, compress and push data to BlackBerry phones. But according to Northern Securities analyst Sameet Kanade, RIM may have to change over to a new server software component called Mobile Fusion that also allows its core enterprise customers to manage rival devices such as Apple’s iPhone and iPad and those using Google’s Android software.

“We now firmly believe that RIM does not have the luxury of time on its side,” he wrote in a note to clients in which he cut his rating on RIM stock to sell from speculative buy and chopped his price target to US$7 from US$24.

With Thorsten Heins the New President and CEO of Research In Motion during this new transitional period with the upcoming launches of new Blackberry 10 devices and the new Blackberry Playbook OS 2.o upate it seem that as to the future of RIM’s success in the coming, and the present depends on the success of these venues.

 

 

viaN4bb

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