Kulbinder Garcha who is a Credit Suisse Analyst, says that RIM should report revenue $2.68 Billion at next Thursday’s official Quarter 1 report.
RIM is rated as a Neutral and this is below the original estimate of $3.12 Billion.
Mr.Garcha also said that RIM’s marketshare is going to drop to 4% this year, down from 11% last year. And the worst part is that he also predicts losses $2.5 Billion and $1.9 Billion for Fiscal Year 2013 and Fiscal Year 2014. Keep in mind this is all before Blackberry 10 launches and Playbook LTE. Lets not get ahead of ourselves just yet.