At 50 everyone has the face he deserves - George Orwell
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RIM catches Apple in smartphones
AFTER APPLE CEO Steve Jobs dismissed Research in Motion (RIM), claiming that RIM would never catch up to Apple in market share again, it seems that the Canadian smartphone outfit has proved him wrong.
RIM reported record third quarter results for the three months ended November 27 with record Blackberry smartphone shipments of 14.2 million that grew 40 per cent from last year over the quarter.
This means that RIM currently has a larger market share of the smartphone market than Apple for the second consecutive quarter for the first time.
Smartphone shipment figures are hard to compare because Apple and RIM report at different times. Some analysts think that Apple could ship 16 million Iphones between October and December.
Still, RIM has a lot to celebrate. Revenue grew 40 per cent over the same quarter last year to $5.5 billion and its cash increased by $446 million to $2.5 billion at the end of the quarter.
Approximately 5.1 million net new Blackberry subscriber accounts were added in the quarter. At the end of the quarter, the total Blackberry subscriber account base was over 55 million.
Jim Balsillie, Co-CEO of Research In Motion was pleased. He said, "With strong results and momentum from our recent product introductions, as well as growing excitement from our partners and customers around upcoming smartphone, tablet, software and service offerings, we are setting the stage for continuing success." µ
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Is it true that Apple now have a "Find on webpage" text search function that everyone else has had for years?
Are Apple every going to add cursor keys so you can move around in text?
Is the email client still a pain for forwarding or replying too? I can't remember which it is now because I just don't use it anymore because it was annoying.
Are itunes songs only playable with an iplayer device?
How can the monopolies police allow this practice to go on when it's not in the interests of the general public? Cash incentives?
RIM sales are up. Steve Jobs can go suck an egg. You fan boys need to get up off your knees and stop swallowing the "Koolaid". As long as his iPhone is exclusively tied to AT&T, sales of the iPhone will eventually stagnate. So far no other carrier is selling it and that equals a limitation that will come back to bite him,unless the increase in Windows Phone and Blackberry Torch commercials mean anything.
I guess neither did the author or some of the guys here did get to the very basic fact about these numbers.
1) Apple declared 14.1 M sold last quarter. Expects to sell 15 to 16 next quarter.
2) Rim declared, in the coference call that, 12.4 M Ship out (sold) and 14.2M ship In(shipped to dealers). That means 1.8 M are still with dealers(channel partners) and not sold to customers yet.
3) Rims got full of thanks giving, black friday and early Christmas buying into his numbers.
4) Apple result does not include any of those festive buying seasons.
5) More than 30% of retails buying in America happens between thanks giving and Christmas.
Now go figure weather RIM matched apples sales or not.
It was Apple's Steve Jobs who made headlines by bragging that Apple surpassed RIM last quarter and that RIM would never catch up. So, it was his error in comparing dissimilar quarters. It was Balsillie who pointed out Job's error in doing so - in any case, RIM surpassed Apple, and Apple will surpass RIM in their next quarterly report.
Yes, that seems to be a standard part of his reality distortion. Make an idiotic statement, then perform a 180 degree flip halfway through the article and hope that no-one notices that it no longer supports his premis.
In case you are likewise afflicted I didn't say that RIM aren't matching Apple's sales numbers, but rather that we've not been shown any evidence that proves it either way.
...with George Kapotto comment.
The first two comments *are* from delusional apple fanboys who are out of touch with reality, obviously because Steve B. Jobs instructed them to be so.
One has to wonder: are these Trolls paid by their iMessiah to post this crap whenever any non-apple company is successful (without having to brain wash the masses into buying its products), are do these people really suck that much at independent thinking?
The sad thing is, the second theory is probably the true one.
Funny that the first two comments are questioning Farrell's grip on reality while denying it themselves.
1. Yes they are not exactly matching quarters, that was noted in the article. Pay attention to reality before criticizing it.
2. 2-for-1 deals in Canada? Don't recall seeing those but whatever. RIM profits are up both in net and as a percentage of revenue. So again, whatever. Not a sign of a company in peril.
I have one of each and handed the iPhone over to my wife. Poor reception in real world comparison and it is a crap phone for work requirements.
When you are giving away phones for free, like they are doing in Canada with 2-for-1 deals.
Maybe they'll 'sell' twice as many phones. Apple will still be laughing all the way to the bank.
seems to have cut in again. He's trying to compare two sets of quarter end results, that are two months apart. Comparing against Apples forthcoming quarter end (ends late December) might get us closer to comparable, but to do the job properly we need month by month sales figures.