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RIM stock drops on poor Pearl Flip sales

October 20, 2008 by Simon Sage - 6 Comments

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Analysts from Pacific Crest Securities have issued a pessimistic outlook on the latest BlackBerry 8220 from T-Mobile, and as a result, RIM’s stock has taken a dive down 10% to around $50. It’s a bit of a double-whammy after the whole market took a hit a few weeks back, but hopefully the BlackBerry Storm will be able to give investors a little more confidence in the upcoming lineup. What do you guys think – is the BlackBerry Pearl Flip really that disappointing? Yeah, sure, I wouldn’t pick one up, but that’s just because I’m in that heavy-duty smartphone demographic rather than the more casual flip-phone users. Does the 8220 not cut mustard for the feature phone crowd?

[via Reuters]

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