Today’s quote of the day comes from ZDNet’s Larry Dignan, who had this to say about Research in Motion’s (RIMM) recent double digit drop:
Add it up and expectations are very low for RIM and its PlayBook. And that typically spells opportunity. Remember this: All RIM has to do is defend its enterprise turf with the PlayBook and the tablet will be a success. Apparently no one thinks RIM can rebound except for Balsillie. If he’s right this time RIM will be a big surprise. If Balsillie is delusional, the company will continue to live off of its international sales and its enterprise installed base. Many companies would take RIM’s worst case scenario any day.
Author Disclosure: Long RIMM
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