It seems like that analysts are a bit down on BlackBerry maker Research in Motion. Jim Cramer, founder of TheStreet.com and host of MSNBC’s “Mad Money”, had this to say on RIM’s stock on last nights episode.
It’s kind of like Mobil, it’s just too high. And yet, I think RIM’s going to have a good quarter. Steel yourself for pain … but then I would ‘mon back* it.
According to Matthew Hoffman, an analyst at Cowen and Company, in a Forbes.com article, RIM is facing competition on all fronts and if it “continues to lose share to competitors like the Motorola Q or Nokia E61, the company will have to restructure its offerings, putting pressure on margins and prices going forward“.