RIM shares fall on ‘PlayBook’ tablet reaction

“Research In Motion Ltd. shares fell as much as 4% Tuesday as analysts had mixed reactions to the company’s latest device — a tablet designed to compete against Apple Inc.’s popular iPad,” Dan Gallagher reports for MarketWatch.

“The tablet — known as the PlayBook — was introduced by RIM Monday at its annual developers conference in San Francisco,” Gallagher reports. “No price was given for the touch-screen device, which is expected to go on sale in the U.S. sometime in early 2011 and in other markets by the second quarter. ‘With the PlayBook only available for consumers after the holiday season, we view this as a mild disappointment,’ wrote T. Michael Walkley of Canaccord Adams in a note to clients Tuesday. Walkley noted that the lack of a product demonstration made it more difficult to gauge its potential.”

Gallagher reports, “Several brokers have grown negative on RIM lately, on the belief that sales of BlackBerry smart phones will face growing competition from rival products such as the iPhone ‘We maintain our negative rating as we believe RIM’s new product launches [PlayBook, Torch] do not address near-term share losses in the North American consumer smart-phone market,’ wrote Jeff Fidacaro of Susquehanna in a report Tuesday.”

Full article here.

64 Comments

  1. I think it’s funny all the analysts give out a doubt on a company financial with a product that goes live after the holidays. Hmm. iPhone. Released in June each year. iPad. May launch for iPad. New iPods in September. Goes to prove when you have a good product that people want it don’t matter when you launch it !

  2. I think it’s funny all the analysts give out a doubt on a company financial with a product that goes live after the holidays. Hmm. iPhone. Released in June each year. iPad. May launch for iPad. New iPods in September. Goes to prove when you have a good product that people want it don’t matter when you launch it !

  3. @theloniousMac

    Will will not be getting dual core processors in the new iPad.

    I am very sure, that we will see a dual Cortex A9 + retina display in the next major ipad revision sometimes in June 2011

    We will not be getting dual HD cameras in the iPad. Lucky if we get one as Apple likes to add small features one per year.

    A Webcam in the iPad will come sooner than you expect and HD for video conferencing make not really sense because of bandwidth concerns.
    And nobody needs a high resolution photocam in a tablet, because you will take pictures or videos with a form factor like this only in case of emergency. The only good reason for a HD Photocam would be a sophisticated scan app with full automatic OCR and layout recognition or a bar code scanner software.

    We will definitely not be getting symmetrical multiprocessing.

    Where is the advantage of this “great” feature? A tablet OS should better offer perfect energy and connectivity management and be careful with all kind of resources.

    We will not be getting Flash. Yes, Flash sucks. However I would rather have it and watch it fade away as that provides a more seamless web experience than constantly seeing the missing plug-in symbol.

    Web developers will never change to new technology without pressure. If everybody supports Flash, this crapy – “all beloved standard” will stay for the next 10 decades.

    We will not be getting 1GB of RAM.

    See above under Dual Cortex A9

    We WILL still be living in a sandboxed walled garden in which we can’t even treat our iPads like hard drives.

    Nobody force you to enter this garden

    In comparison to the current iPad and probably iPad 2.0, this thing is a beast.

    The BlackBerry tablet is a much more professional piece of hardware and enterprise clients will be attracted to it.

    You really believe, you can conclude from some hardware specs and a concept demonstration on video to the quality of the final product? They did not show even one working prototype, so they never redeem their announced release date in Q1.
    RIM startet from scratch just 6 month ago and they never can catch up 5 years of iOS development in such a short period. There will be some really bad surprises for all people who believe that Playbook will exactly work like in that concept video.

  4. @theloniousMac

    Will will not be getting dual core processors in the new iPad.

    I am very sure, that we will see a dual Cortex A9 + retina display in the next major ipad revision sometimes in June 2011

    We will not be getting dual HD cameras in the iPad. Lucky if we get one as Apple likes to add small features one per year.

    A Webcam in the iPad will come sooner than you expect and HD for video conferencing make not really sense because of bandwidth concerns.
    And nobody needs a high resolution photocam in a tablet, because you will take pictures or videos with a form factor like this only in case of emergency. The only good reason for a HD Photocam would be a sophisticated scan app with full automatic OCR and layout recognition or a bar code scanner software.

    We will definitely not be getting symmetrical multiprocessing.

    Where is the advantage of this “great” feature? A tablet OS should better offer perfect energy and connectivity management and be careful with all kind of resources.

    We will not be getting Flash. Yes, Flash sucks. However I would rather have it and watch it fade away as that provides a more seamless web experience than constantly seeing the missing plug-in symbol.

    Web developers will never change to new technology without pressure. If everybody supports Flash, this crapy – “all beloved standard” will stay for the next 10 decades.

    We will not be getting 1GB of RAM.

    See above under Dual Cortex A9

    We WILL still be living in a sandboxed walled garden in which we can’t even treat our iPads like hard drives.

    Nobody force you to enter this garden

    In comparison to the current iPad and probably iPad 2.0, this thing is a beast.

    The BlackBerry tablet is a much more professional piece of hardware and enterprise clients will be attracted to it.

    You really believe, you can conclude from some hardware specs and a concept demonstration on video to the quality of the final product? They did not show even one working prototype, so they never redeem their announced release date in Q1.
    RIM startet from scratch just 6 month ago and they never can catch up 5 years of iOS development in such a short period. There will be some really bad surprises for all people who believe that Playbook will exactly work like in that concept video.

  5. I hate to think how people would react if Apple came out with a new product that promised the world but they couldn’t even demonstrate it working….

    It would be canned for behaving like that. So why on earth should we give RIM the benefit of the doubt – especially with their terrible track record to date – the Storm, the Torch etc.

    This product has no more than a 10% chance of having any traction before it is killed – be end 2011.

  6. I hate to think how people would react if Apple came out with a new product that promised the world but they couldn’t even demonstrate it working….

    It would be canned for behaving like that. So why on earth should we give RIM the benefit of the doubt – especially with their terrible track record to date – the Storm, the Torch etc.

    This product has no more than a 10% chance of having any traction before it is killed – be end 2011.

  7. I played with the Blackberry Torch at Sam’s Club…felt light and plastiky and the buttons were so very small compared to the iPhone/iPod Touch. The slideout was nothing overwhelming…a nice product, but nothing close to a killer.

    The iPad’s competitors have the cart ahead of the horse…copy a neighbor’s hardware product…spend your innovation making it slightly different…blog it with extra slots…and THEN try to create an app store.

    iTunes, though it needs an oil change, is still the key to Apple’s hardware success.

    I expect in March a thinner, lighter iPad with retina display and FaceTime and it is truly game over.

  8. I played with the Blackberry Torch at Sam’s Club…felt light and plastiky and the buttons were so very small compared to the iPhone/iPod Touch. The slideout was nothing overwhelming…a nice product, but nothing close to a killer.

    The iPad’s competitors have the cart ahead of the horse…copy a neighbor’s hardware product…spend your innovation making it slightly different…blog it with extra slots…and THEN try to create an app store.

    iTunes, though it needs an oil change, is still the key to Apple’s hardware success.

    I expect in March a thinner, lighter iPad with retina display and FaceTime and it is truly game over.

  9. All that the Apple wannabes do is: “Let’s look at the iPhone and the iPad and see what’s not on there and put those things on our clones.” That’s their “R&D”. They then post a laundry list of techie specs and features that non-geeks just don’t care about as their “marketing” points: “See! Our stuff has all this stuff that Apple’s stuff doesn’t.” It’s laughable.

    When will we see this stuff that they so carefully orchestrate for the press? Still no word on the Samsung Galaxy Tab pricing and availability through the carriers while Apple’s filling the channels at Best Buy and Target. This RIM thing will be available when? Just in time for the launch of iPad 2? LOL This is like watching an NFL powerhouse beat up on a NCAA also-ran.

  10. All that the Apple wannabes do is: “Let’s look at the iPhone and the iPad and see what’s not on there and put those things on our clones.” That’s their “R&D”. They then post a laundry list of techie specs and features that non-geeks just don’t care about as their “marketing” points: “See! Our stuff has all this stuff that Apple’s stuff doesn’t.” It’s laughable.

    When will we see this stuff that they so carefully orchestrate for the press? Still no word on the Samsung Galaxy Tab pricing and availability through the carriers while Apple’s filling the channels at Best Buy and Target. This RIM thing will be available when? Just in time for the launch of iPad 2? LOL This is like watching an NFL powerhouse beat up on a NCAA also-ran.

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