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AAPL and RIMM: Smart buys for Smartphones?

August 18, 2008


BloggingStocks.com
By Steven Halpern

"Apple (AAPL) and Research in Motion (RIMM) are taking the smartphone market by storm," says Toby Smith in his ChangeWave Investing.

"AAPL and RIMM are both pushing all of the other manufactures to the sidelines. It's clear that RIMM's BlackBerry is the dominating force in the corporate smartphone market, but the Apple iPhone has shaken things up quite a bit on the consumer side.

"The combination of the new Apple model flying off the shelves, and rumors of a postponement for one of RIMM's new releases, has raised questions among some analysts as to RIMM's ability to fight back.

"Research in Motion may be planning to release several new smartphones this year, including the KickStart, the Thunder and the already announced Bold.

"They will each likely contain BlackBerry's hallmark features such as push e-mail, camera, GPS and Wi-Fi, as well as features unique to the specific models. While the Apple iPhone has captured the hearts and minds of its user base, so has Research In Motion's BlackBerry.

"In terms of winners, the global consumer and enterprise smartphone markets are big enough to support both Apple and Research in Motion -- it's the other cell phone manufacturers that look like the real losers.

"It appears AAPL and RIMM are on a collision course in the consumer market as RIM gears up for its counterattack against the iPhone, but by owning both of these smartphone kingpins, we'll be sitting pretty as these two companies duke it out.

"So, if you haven't already staked a claim in these smartphone dominators or want to add to your position, the time is now."

BloggingStocks.com