In yesterday’s New York Times, Research In Motion co-CEO Mike Lazaridis complained that his company didn’t get enough respect. He moaned that despite routinely delivering solid results, “people don’t appreciate our profits” or “our growth.”
While RIM’s growth is indeed solid, it’s not nearly as strong as Apple’s. iPhone sales growth, measured on a year-over-year basis, has been stronger than RIM’s for nine out of the last 10 quarters.
Couple that with the fact that Android is steamrolling RIM, and that RIM is embarking on a massive, risky, and necessary technology transition, and it’s obvious why this “negative sentiment” surrounds RIM.
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