On Thursday, the
numbers and huge 18% sequential sales growth forecast for the November period showed skeptics that RIM might be down, but it certainly isn't out of the smartphone race.
"It's weird how many people thought the Torch was the only device RIM launched during the quarter when Pearl was such a massive hit in Europe," MKM Partners analyst Tero Kuittinen wrote in an email Friday.
Wall Street probably deserves a little scolding for not seeing beyond the
Android phone battles in the U.S., where the new touch-screen BlackBerry Torch remains an outlier.
With its surprisingly strong sales performance, RIM showed two things: the popularity of the Curve and Pearl means that the smartphone game isn't for touchscreens only. And perhaps more importantly, RIM's success indicates that worldwide demand for smartphones continues to be underestimated.
This is very good news for outfits like
, which are both struggling in the shadow of what has been an Apple iPhone-obsessed market. The pie, as they say, is growing.
After a strong 8% surge in afterhours trading Thursday, RIM shares have come down to lower gains. The stock was up $1.04, or 2%, to $47.53 in early trading Friday.
--Written by Scott Moritz in New Y ork.
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