It sounds as though the RIMM analyst meeting went well yesterday. JP Morgan upgraded the stock and Merrill took the price target from $80 to 100. Good times. Merrill is more constructive on the product roadmap and not just the margin story, and therefore RIMM's competitive position versus Apple, but the analyst was already recommending it so take it for what it's worth.
The NY Times is reporting that the Federal Trade Commission has launched an investigation into whether the boards of Google and Apple share enough members as to be anti-competitive. I'd rather someone tackle the question of whether the average board (not of these two companies) actually has any oversight responsibility, but maybe that will never happen.
1 comment:
If I get employment making blackberry devices, does that mean I got a Rimm job? WOOP
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