Saturday, April 14, 2012

Research in Motion's Inventory Adjustments

Research in Motion(RIMM) has at least one more adjustment to make to their inventory. The average earnings consensus is .45 cents for the current quarter ending in May. The whisper number as of 4/14/2012 is .43 cents. No official guidance was given by the company.

No adjustments to estimates have been made in the last 30 days.
However, I don't know if all the news is priced into that estimate. There is  news that the Playbook is finally selling better since the 2.0 OS upgrade and price cuts.  RIMM has finally settled with the Indian Government over security issues. It cut prices in India in a move to boost sales in the world's second-biggest mobile phone market.

The adjustment to inventory will hinge on how much inventory needs to be written-off with the reduction of phones from the existing 7 brands to the proposed 3 or 4 brands. I am hoping we find out which models at the BlackBerry World Event starting May 1st.

[Edit: Wait,just found it - 3 families - Bold, Torch & Curve ]

BlackBerry Bold 9900 and 9930 
BlackBerry Bold 9790
BlackBerry Torch 9810
All-Touch BlackBerry Torch 9850 and 9860
BlackBerry Curve 9350/9360/9370
All-Touch BlackBerry Curve 9380 Smartphone 

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