From the retail channels and the enterprise channels, it's all starting to filter out. You can't keep any of that really quiet for very long.
This would be a very good strategic fit -- largely because each is a little shaky alone.
I think the big issues for the U.S. are going to be the server, PC and laptop unit volumes in the last quarter. The guidance for unit volume growth is in the high single/low double digits -- we think they'll beat that.
In our opinion, the judge's comments were more ominous for RIM than NTP. In the end, we believe both parties have more to lose by waiting for a verdict.
Patent law and case law do not intersect until the very end.
We continue to believe that Microsoft is a fiscal-year 2007 story and hence are maintaining our 'Buy' recommendation and our $32 target price.
This is an extremely positive development for RIM. The settlement basically makes the pre-warning irrelevant. There's a lot of pent-up demand for RIM products, and competitors have not been able to capitalize on this.
Perversely, the lawsuit highlighted how much better and technologically advanced RIM products are. After that, who knows.
Even with all the bad news surrounding RIM, they have not been able to announce even one major customer that is switching services.
It's a very high-stakes poker match. I think what's going on here is that NTP was daring RIM to unveil the workaround to let them know whether or not they actually had one.
