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“RIMM Earnings Report” June 18, 2009
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A few other items from the call: * Balsillie said close to 15 million social networking apps have been downloaded to date from the company’s App World software store. He did not give any data in his presentation on total downloads...
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A few other items from the call: * Balsillie said close to 15 million social networking apps have been downloaded to date from the company’s App World software store. He did not give any data in his presentation on total downloads from the store. * Asked during the Q&A session on the call about the Palm Pre and the new Apple phones, Balsillie noted that there have been lots offers from carriers to sell the BlackBerry at $49, $99 and in some cases free. He says they are “pretty focused on doing what we have to do.” Balsillie played down the $99 price point on the 8 GB iPhone as a temporary measure for an end-of-life phone. He characterized RIMM’s launch road map for the next 12-15 months as “spectacular.” * Balsillie noted that 80% of the net new adds in the May quarter were from the consumer side of the business, which one analyst on the call said implied a fairly steep sequential decline in net new enterprise subs. RIMM in late trading is down $3.95, or 5.2%, to $72.60.
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