There’s been a flurry of reports by financial analysts in the past few days arguing now’s the time for the brave to buy a few shares of Research In Motion.
Their feeling is that before RIM launches its BlackBerry 10 devices in early February the stock will go up a bit for a number of reasons, including positive reaction to closed-door peeks at the device and convincing presentations by RIM management.
But before you phone your broker, ponder a news report on the latest smart phone sales predictions from market research firm IDC: In a word, enterprises and their staff are buying Apple Inc.’s iPhones “in droves,” and even more Android smart phones
It underscores the uphill battle RIM faces next year as the company tries to get the attention of buyers with next-generation devices.
True, some financial analysts are more positive in their sales projections than they were three months ago. But remember this: Financial analysts are merely making a pre-release bet on short-term possibilities. Long-term predictions on BB10 sales are months away.