UPDATE: Mavens, Ahead Of The Curve
By Micah | Posted 16/10/2007
Categorized in Finance , Tech
A little less then a year ago we commented on how Michael Mace, an industry expert, posted on his personal blog that Research In Motion's stock price was mistakenly battered by the announcement of the iPhone last January. He also made the argument that Palm faced the greatest threat from the iPhone.
A few days ago research group NPD released a report that seemed to practically quote Mace.
Here is what Mace said last January:
The iPhone as currently designed is a lousy device for RIMM'sHere is what NPD reports:
communication-centric users because it doesn't have a keyboard and
because it can't handle Outlook attachments.
the Treo has benefited mightily in the US from its image of being the
coolest smartphone. It has been a status symbol in Silicon Valley and
beyond. Judging from the reactions of the people I spoke to today, I
think that position is profoundly at risk.
The iPhone's lack of corporate email support appears to make it less appetizing to current Blackberry ownersSince the announcement of the iPhone, Palm's stock price has been stagnant and trailed the S&P. Over this same period RIMM is up a staggering 133 percent.
Initial iPhone buyers were 10 times more likely to previously own Palm's Treo.
0 TrackBacks
Listed below are links to blogs that reference this entry: UPDATE: Mavens, Ahead Of The Curve.
TrackBack URL for this entry: http://www.collectiveintellect.com/cgi-bin/mt/mt-tb.cgi/72