The past couple of days have seen Research in Motion erase nearly two month's in gains. This tumble looks very similar to Apple's plunge after the news of the 3G iPhone missing production estimates, yet its due to far less disastrous news. In RIMM's case, they missed their EPS by a penny, and cut outlook slightly, perhaps hinting that their meteoric growth numbers have finally begun to slow in light of market conditions.
While it hurts to see a tumble like this, it also presents a good buying opportunity for a long term play. Research in Motion has terrific underlying economics and their enterprise smartphone market share doesn't seem to be going anywhere, even with the new iPhone claiming they finally have a competitor to the Blackberry. Bberry has its segment, and Apple's iPhone its own . I doubt we'll see much deviation.
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