Smartphone Wars! Does not look good for RIMM

On a Day when both GOOG and AAPL are up and the market is rallying, RIMM is down 3%.

Even with recent earnings release, RIMM faces a tough challenge in the smartphone market from Andriod based phones and the Iphone 

 

 

 

 

 

 

 

 

 

Below is a chart of RIMM (weekly)…technically this chart does not bode well for the stock

On top, you can see the relative performance of RIMM (up 45%) vs AAPL (Up 250%) since Mar 2009

This entry was posted on Monday, September 20th, 2010 at 12:56 pm and is filed under Original Articles, Trading. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Comments are closed.