Eric Savitz - Factors That May Propel RIM Forward

Eric Savitz of TechTraderDaily wrote an interesting article yesterday breaking down RBC Capital analyst Mike Abramsky’s comments. We usually stay away from the stock market news on BerryReview but I found Mike’s predictions interesting:

Abramsky is especially high on the prospects for the Pearl 2 phone, which he expects to launch before year end. He says the phone will be “a significant update, featuring a “stylish design, [faster] data speeds, iPhone-like browsing and compelling features, including a 2 megapixel camera, stereo Bluetooth and trackball navigation. He thinks the company could sell 5 million of the new phones in the next 12 months, versus 2 million Pearls sold since launch a year ago.

Thats a very nice pat on the back for RIM from a major analyst. I hope RIM can live up to the expectations with the upcoming release of the BlackBerry Pearl 2. Especially if RIM plans on selling 150% more BlackBerry Pearls in the coming 12 months.

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