RIM & Apple’s 3% Market Share Accounts for 35% of Wireless Profits
These are some pretty impressive estimates for RIM and Apple. Deutsche Bank analyst Brian Modoff stated that RIM and Apple with 3% combined market share in smartphone sales led to 35% of wireless operating profits in 2008. That is huge! I guess smartphones ARE the way of the future for carriers. There is no further…
RIM Planning On Making Device Profit Margin Cuts Permanent – Keep The Good Deals Rolling
Bloomberg got James (Jim) Balsillie on record confirming that RIM will continue to keep their profit margins low on their devices for now. In their last SEC filing RIM pointed at lower device margins (profit) for some of its performance discrepancies. As the BlackBerry devices get more expensive to manufacture and prices keep dropping RIM…