RIM Seeks Offensive Rebound
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Updated from 7:03 a.m. EDT
Wall Street analysts expect Research In Motion (RIMM Quote) to show sizable revenue and earnings growth when it reports first-quarter results Wednesday. The key question is how much investors will care.
With a long-running patent dispute headed back to the courts and with competitors threatening to curtail the BlackBerry maker's growth, RIM's earnings report and even its short-term guidance may get short shrift from shareholders. Unfortunately for the company, it may not be able to say much about either issue to assuage nervous investors.
"I'm not really interested in what they report," says Chyanne Fickes, a portfolio manager at Stone Asset Management, which used to be long RIM shares but recently sold off its stake. "I think they have bigger problems." ...
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