rimm

Beat fiscal 4Q estimates earnings per share of 2 cents per share, but missed a little on the revenues quarterly and provides guidance much lower than the current consensus: BlackBerry maker Research In Motion (64.0875% 0.00 0.00 Rim). Has sent the stock down nearly Rim 10% after trading in the market. Research In Motion Posted profits of $ 1.78 per share in the quarter, topping the $ 1.76 estimate. But he missed the 5.6 billion dollars in revenue forecasts $ 5.64 billion. Even more damaging, however, the direction and the company said earnings in quarter 1. And sent a group of the expected 1.47 to 1.55 dollars per share, below consensus $ 1.65.
The shares have been rising moderately from 3.17% before the earnings report after the bell Thursday, and regular trading on the NASDAQ in the year was positive. Analysts were more optimistic about the very results RIM in the past month – 5 upward revisions have been made in the past 30 days alone, 2 in the last week.
And Profit in Research in Motion has grown an impressive 32% on strong BlackBerry sales. However, the average selling price to $ 304 for each device – a decrease of $ 317 and $ 310 for a quarter from quarter 4 of 2010. Strong competition from other smart phone companies and uncertainty about consumption in Japan and the supply of components due to the earthquake and tsunami are still major concerns.
And analysts in assessing the contribution Rim point may be oversold in the coming days. Currently, Research In Motion has the # 3 Zacks rank (queue) and the corresponding neutral recommendation on the long term.