Why the Blackbrry Smartphone is so Valuable?
I don't know about you but I absolutely love my Blackberry Curve
cell phone. I have been a Blackberry fan for about a year now and I
can't see myself changing cell phone brands anytime soon. However the
last year the Research in Motion company (parent of Blackberry) has
seen some massive declines in it's stock. Some in part by the Recession
and for other reasons that I just can't comprehend now. This is why I
will briefly discuss how Blackberry's stock, which is now at $70, will
be back at it's pre 2008 level in the near future. This will be
propelled by the Blackberry phone sales, by its new Blackberry tour and
its expanding profit margins.
Seeing the stock increase dramatically in the near future might seem like a tall tail but its not because this company used to be a $200 stock. The first reason why I see the stock being at its pre 2008 level is because of its sales of its devices. The Blackberry brand is synonymous for being used by corporate America but it's been branching out and reaching a new market of average consumers who are thrilled about Blackberry. Having its primary brands of the Curve, Tour, and Storm leading the way the everyday consumer is really starting to pick up the devices for their unique platforms and applications it provides.
It's latest phone the Blackberry Tour is starting to pickup steam in the market because of its sleek look and its user-friendly setup. I personally have a Curve and I can't wait to upgrade to the Tour because I know it will be reliable like my Curve but will be updated and will be more fun to play with.
The last and biggest propeller of Blackberry stock will be in its ability to grab market share and its ever-expanding profit margins. This company has since seen its last two quarters increase in sales and margins. The company is now looking at increasing its profit margins into the thirty percent and higher range. That margin is huge and is what I believe will bring this stock back to its pre 2008 level. The growing love for Blackberry devices, its new Tour and it's margin increases will make this stock a must have I believe.