This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at firstname.lastname@example.org or call 800-767-3771 ext. 9339.
For Immediate Release
Chicago, IL – September 20, 2012 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Research in Motion Limited ( ) , Microsoft Corporation ( MSFT - Analyst Report ) , Panasonic Corporation ( ) , Apple Inc. ( AAPL - Analyst Report ) and Google Inc. ( GOOG - Analyst Report ) .
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Wednesday’s Analyst Blog:
RIMM Inks Patent Deal with Microsoft
Struggling smartphone manufacturerResearch in Motion Limited ( ) has signed a licensing deal with the world’s largest software manufacturerMicrosoft Corporation ( MSFT - Analyst Report ) that will allow its customers to store and transfer larger files more easily.
RIMM will use Microsoft’s Extended File Allocation Table or exFAT, which facilitates clear viewing and expansion of larger files like high resolution photos and videos. Additionally this latest technology will also provide a seamless data transferability and easy file exchange features between desktop PCs and other electronic devices.
The latest smartphone and tablets require superior viewing capacity to display high resolution photos and videos than traditional feature phones. According to the innovator of the technology, the new exFAT is a considerable improvement over the older FAT system, and can support five times larger files than its predecessors. Microsoft has similar agreements with electronic goods manufacturerPanasonic Corporation ( ) , among others.
Research in Motion is facing severe problems due to an increasingly competitive landscape, primarily fromApple Inc.’s ( AAPL - Analyst Report ) iPhone and an array of other smartphone manufacturers running onGoogle Inc.’s ( GOOG - Analyst Report ) Android platform. Lack of applications in its legacy handsets mainly contributed to Research in Motion's huge market share loss in the high-end smartphone segment.
The Waterloo, Ontario-based company is betting on its new Blackberry 10 OS-based devices, which are slated to release in the first half of 2013, may act as a potential game changer for Research in Motion. At present, as customers are preferring their phones over PCs and laptops to exchange data and videos we believe this patent deal will offer a value added service for its latest offering and will cater to the specific needs of the Blackberry users.
The current Zacks Consensus Estimate for Research in Motion is pegged at a loss of 46 cents for the fiscal second quarter 2013 with a growth rate estimate of (157.34%). For fiscal 2013, the Zacks Consensus Estimate stands at a loss of $1.49 with a growth rate of (135.42%) and for fiscal 2014 the Zacks Consensus Estimate stands at a loss of 73 cents with a growth rate of 51.02%.
We, maintain our long-term Neutral recommendation on Research in Motion. Currently, RIMM has a Zacks #4 Rank, implying a Sell rating over the short term.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Zacks Investment Research
800-767-3771 ext. 9339
Please login to Zacks.com or register to post a comment.