Stock Market Thread - ALL COMBINED
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RIM profits handily beat analysts? forecast
December 17, 2009
WATERLOO ? Research In Motion Ltd. reported a sharp increase in quarterly profits today, beating analyst estimates for its latest quarter.
The maker of the BlackBerry smartphone, which keeps its books in U.S. dollars, says it earned $628.4 million US or $1.10 per diluted share for the quarter ended Nov. 30.
That compared with a profit of $396.3 million or 69 cents per diluted share a year ago.
Revenue in what was the company?s third quarter totalled $3.92 billion, up from $2.78 billion in the same quarter last year.
According to Thomson Reuters, the average analyst estimate had been for earnings of $1.04 per share and $3.78 billion in revenue.
The company said it added about 4.4 million net new BlackBerry subscribers in the quarter to bring its total user base to approximately 36 million.
The Canadian Press
RIM profits handily beat analysts? forecast
December 17, 2009
WATERLOO ? Research In Motion Ltd. reported a sharp increase in quarterly profits today, beating analyst estimates for its latest quarter.
The maker of the BlackBerry smartphone, which keeps its books in U.S. dollars, says it earned $628.4 million US or $1.10 per diluted share for the quarter ended Nov. 30.
That compared with a profit of $396.3 million or 69 cents per diluted share a year ago.
Revenue in what was the company?s third quarter totalled $3.92 billion, up from $2.78 billion in the same quarter last year.
According to Thomson Reuters, the average analyst estimate had been for earnings of $1.04 per share and $3.78 billion in revenue.
The company said it added about 4.4 million net new BlackBerry subscribers in the quarter to bring its total user base to approximately 36 million.
The Canadian Press
Wonder how many people bought these cell phones that can't even pay their mortgage :mj07:
u know like the brand new caddy sitting out front of the house that's falling apart :sadwave:
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Today is last day on 2009 and I want to thank all those that were active in these threads for making it a very interesting edition to general forum and usual my 1st stop on reading.
Thread came to life in March at market bottom at time when I thought we might have to do suicide watch
--- was interesting to see those that stepped up and cashed in on the old adage-"be greedy when others are fearful" and reaped the benfits of 60% swing in Dow.
--and Jack a special :spotting: to you for your-Donald Trump moment - "Your Fired" to your broker.--that move sure paid dividends
--might not be bad idea to keep back of mind 2nd part of equation-
-be fearful when others are greedy and lock in some of those profits
--a safe and prosperous 2010 to all:toast:
Thread came to life in March at market bottom at time when I thought we might have to do suicide watch
--- was interesting to see those that stepped up and cashed in on the old adage-"be greedy when others are fearful" and reaped the benfits of 60% swing in Dow.
--and Jack a special :spotting: to you for your-Donald Trump moment - "Your Fired" to your broker.--that move sure paid dividends
--might not be bad idea to keep back of mind 2nd part of equation-
-be fearful when others are greedy and lock in some of those profits
--a safe and prosperous 2010 to all:toast:
This has been an excellent thread in General forum, thanks to those who share their picks and I hope to see more winners in 2010 from you all.
I'm going in to 2010 with only a Spec stock, GNVC.
BOL to everyone.
:mj06:
I'm going in to 2010 with only a Spec stock, GNVC.
BOL to everyone.
:mj06:
Got in to GNVC under a dollar, it's having some nice movement the last couple of trading days, I wouldn't mind starting the year with a DNDN type move.
I am cooling by heals just watching. I'm hoping to start playing BEE & QELP like I did end of last year.
The other things that are just nuts is price of apple and google. I do believe they keep going up. And They will drag the rest up.
The other things that are just nuts is price of apple and google. I do believe they keep going up. And They will drag the rest up.
Anyone looking for steady long-term growth, you absolutely cannot go wrong with GCI.
Or if you want to swing for the fences just buy Apple or Amazon now. Yes, pricey but the longterm prospects for growth are good.
Or if you want to swing for the fences just buy Apple or Amazon now. Yes, pricey but the longterm prospects for growth are good.
