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BlackBerry Limited Message Board

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  • vivrant1717 vivrant1717 Oct 23, 2007 7:23 PM Flag

    Merrill & Goldman evening comments

    China Unicom will charge a rate which educated, upper-middle class chinese people can afford.

    similiar to NA, some can't afford RIM, some who have above-average income and education, $300 bucks is chump change.

    China has a growing middle class, and the upper-middle class has doubled in less than 1 year!

    Upper-middle class will buy, and buy for their children as well!

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    • "China Unicom will charge a rate which educated, upper-middle class chinese people can afford."

      Except China Unicom does not carry BlackBerry, it carries REDBERRY.

      • 1 Reply to whoknow001
      • sorry, i meant China Mobile.

        that's the company RIM is pairing up with (via LucentAlactel) to distribute the crackberry.

        within 6 months, you'll see hundreds of thousands of subscribers, within a year, they'll easily eclipse 1M subscribers.

        RIMM's earnings are gonna blowout consensus late in '08, once the full effect of promoting and distribution has taken place over in China.

        for now, it's status-quo, they'll blow past numbers, but next year, they'll DESTROY consensus numbers.

        $120 isn't that expensive when you'll be sitting at $175 next September/October.

        good luck

 
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