 The recent sharp changes made to a mobile device industry prediction by an important Credit Suisse analyst could herald the beginning of the end for BlackBerry maker Research In Motion.
Kulbinder Garcha wrote in a client note that RIM should be reclassified to "neutral" from "outperform" in its price outlook, a move that consequently sent the company's stock value into a slump. Market Watch reported that the price has since recovered partially.
Additionally, Garcha flipped Motorola from "outperform" to "underperform," predicting that its competitors in the Android-powered smartphone space would take better advantage of that platform's rapid evolution and spiking market share.
Fierce competition in the market will likely see Apple, Samsung and HTC come out the clear winners, the analyst added, particularly if the first company releases the more affordable version of the iPhone that has long been rumored.
This could prove to be an important change in the MDM sector, as businesses interpret the tea leaves to try and predict which smartphones they will need to support in the future. |