This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple, Microsoft, Make RIM's Road Rockier

WATERLOO, Ontario ( TheStreet) -- Beleaguered handset maker Research In Motion (RIMM), which reports its fourth-quarter results after market close, continues to feel the pressure from Apple (AAPL - Get Report), Google (GOOG - Get Report) Android devices and, increasingly, Microsoft (MSFT - Get Report) Windows phones.

RIM's fiscal fourth-quarter report after Thursday's close will be the first since new CEO Thorsten Heins took over from the embattled management duo of Jim Balsillie and Mike Lazaridis. The incoming RIM chief faces a massive challenge turning RIM around.
RIM reports fourth-quarter results after market close.

"Our monthly channel checks indicated weak sell-through trends for BlackBerry 7 smartphones despite increased marketing efforts," explained Michael Walkley, an analyst at Canaccord Genuity, in a note released on Thursday. "With strong share gains for the iPhone 4S, increasingly price-competitive Android smartphones, improving Windows smartphones, and strong initial sales trends for the new iPad, we anticipate increasing competition across all of RIM's products."

Analysts surveyed by Thomson Reuters expect RIM to report revenue of $4.54 billion, and earnings of 81 cents a share, down from $5.6 billion and $1.78 a share in the prior year's quarter. RIM has forecast fourth-quarter revenue of between $4.6 billion and $4.9 billion, and earnings ranging from 80 to 85 cents a share.

"Our supply chain feedback is that BlackBerry continues to lose momentum to iOS and Android while Windows Phone appears to be gaining some traction," added Shaw Wu, an analyst at Sterne Agee, in a recent note.

Microsoft does not break out Windows phone shipments, although research firm Strategy Analytics recently estimated that global smartphone shipments based on the OS reached 2.7 million during the fourth quarter of 2011, a 36% sequential increase. Nokia (NOK), notes Strategy Analytics, overtook HTC to become the world's largest Microsoft smartphone vendor, with 33% market share.

While the estimated Windows Phones number pales when compared to the 37 million iPhones shipped during Apple's most recent quarter, it has been suggested that the software giant may surpass the BlackBerry user base as early as 2013.

TheStreet will be live-blogging RIM's fourth-quarter results, starting at 3.45 ET:
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $121.30 -0.87%
GOOG $625.61 -1.10%
MSFT $46.70 -0.38%
FB $94.01 -1.26%
TSLA $266.15 -0.24%

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs