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U.S. Procurement Agency Issues iPhones


Parsad

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U.S. government agency is among a number who have recently announced that they are making iPhones or Android phones available to employees, rather than the formerly popular Blackberry phones.  RIMM better fight for the emerging markets, because they've already lost the war in North America!  Their new ads are terrible too.  Cheers!

 

http://www.bloomberg.com/news/2012-02-14/rim-dealt-another-blow-as-u-s-agency-issues-iphones-alongside-blackberrys.html

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No surprise there, and there's not really any reason why their moat would be stronger in emerging markets over the long term. They really need to change what they are doing or they'll keep getting the same results. Doesn't mean there's no money to be made with the stock, though -- that I don't know..

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