CNCB’s Jim Goldman: Apple’s iPhone thumping RIM’s Blackberry
Wednesday, December 03, 2008 - 05:27 PM EST"It's been a rough few weeks for the wireless world, first with a warning from Nokia, then Palm's dismal news, and now a profit, revenue and margin shortfall coming from BlackBerry maker Research in Motion," Jim Goldman writes for CNBC.
MacDailyNews Take: Around here we have a term for that: Bloodbath.
Goldman continues, "So what might this mean for Apple and its iPhone? Consider that RIM took pains in its release this morning to spotlight macro-economic issues, including an unfavorable currency exchange rate, a global economic slowdown, softer than expected sales, margin issues, supply and component shortages and a bunch of other stuff. Not spotlighted, however, are the ongoing execution issues plaguing RIM as it tries to get its new products on store shelves, but just hasn't been able to. The Bold was late. The Storm was late. And despite the company downplaying slight delays here and there, in an economic climate like this one, companies simply cannot afford execution snafus. And they're riddling RIM."
"That just doesn't seem to be the case at Apple," Goldman writes. "Sure the company is at risk from the same economic headwinds, but the more its competition missteps, the more opportunity a nimble company like Apple has to gain market share. That's a big problem for RIM and any other company trying to stem the iPhone juggernaut. The fact is, Apple has been able to capitalize on competitor problems, most notably RIM."
Goldman writes, "In this what-have-you-done-for-me-lately kind of world, iPhone's technology trumps the Blackberry; and thanks to Apple's meticulous attention to execution, iPhone's been thumping Blackberry in the marketplace."
Full article - recommended - here.
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