07-24-2007, 02:22 PM
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#1
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Thumbs Must Hurt
Join Date: May 2007
Model: 8520
PIN: N/A
Carrier: T-mobile
Posts: 75
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iPhone's disappointment an upside for Blackberry
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Bloomberg.com: Worldwide
Quote:
Slowing Demand
CIBC World Markets said demand for the iPhone has had a ``significant decline'' in the past 10 days and that Apple and AT&T may try to boost demand by increasing their marketing efforts.
``We have noticed decent inventories at stores, and thin demand at best,'' analyst Ittai Kidron wrote in a note. ``Among the stores we visited, most visitors were not looking at the device, and only a very small subset bought it.''
CIBC's Kidron also wrote that the iPhone, which he initially viewed as a negative for Research In Motion Ltd., the maker of the BlackBerry smartphone, may instead be a positive.
``The iPhone has significantly increased awareness for e- mail devices,'' Kidron wrote. That's ``positive mainly for RIM, the brand of choice for e-mail devices.''
Kidron, who is based in New York, rates Research In Motion at ``sector perform.'' He does not cover Apple.
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Blackberry - hurry up and offer new phones that compete with the Android / iPhone / Palm Pre's of the world!!
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