iPhone market fallout: RIM racked, Palm pounded

If your stock ticker symbol is RIMM or PALM, today would have been a good day to stay in bed. The trend noted in this Engadget post from 2 pm ET kept on going through the trading session, with Blackberry-maker Research in Motion losing nearly 8% on the NASDAQ and 7.7% on the Toronto exchange. Palm suffered nearly as badly, with Nokia and Motorola posting much smaller declines. For the homes of the Treo and the Pearl, "Black Tuesday"

represented a total loss of market value approaching $2.2 billion dollars. Meanwhile, Apple's one-button bounce on the day was a stunning $6.1 billion.

Seems that Wall Street got Steverino's message loud and clear; he expects to take his 1% of cellphone market share right off the top, and he is definitely playing for keeps.

I'm guessing that this "Sponsored by Blackberry" ad button won't be showing up on any more CNET videos, either.

Thanks Florian!

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Source: http://news.yahoo.com/s/nm/20070109/bs_nm/rim_apple_stock_dc

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If your stock ticker symbol is RIMM or PALM, today would have been a good day to stay in bed. The trend noted in this Engadget post from 2...

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Sandman619

Regarding Exchange, Jobs mentioned that Exchange offers an IMAP option, as he rolled off a number of IMAP providers including .mac. There was no mention of specifically supporting Exchange, but it does sound as if it's possible for Exchange to offer support.

January 10 2007 at 7:00 AM Report abuse Permalink rate up rate down Reply

Michael Rose

Actually, IMAP support doesn't really equal Exchange support. Many Exchange installations don't have IMAP enabled, either for security or performance reasons. Native Exchange clients on the Mac (there's only two, Outlook 2001 for OS 9 and Entourage 2004 for OS X) use either MAPI or WebDAV to connect to the server.

IMAP support is the same as what Mail.app uses to connect to Exchange... not all that exciting. Granted, if the iPhone takes off there may be more sites turning IMAP on. :-)

January 10 2007 at 6:57 AM Report abuse Permalink rate up rate down Reply

You're absolutely right. No one seems to have picked up on this, and engadget even has misreported this, but Steve/Apple did announce they would be supporting Exchange in one of their graphics during the keynote.

http://www.warboards.org/AJ/exchange.png

January 10 2007 at 4:57 AM Report abuse Permalink rate up rate down Reply

Nik

didn't the the Keynote video list integration with MS Exchange for Imap...just below Yahoo?

January 10 2007 at 3:18 AM Report abuse Permalink rate up rate down Reply

nezromatron

Meh.. RIM's price will bounce back once people realize that people that use a Blackberry and those that would want an iPhone are not the same people. Unless the iphone support Exchange and they didn't tell anyone.

January 10 2007 at 12:29 AM Report abuse Permalink rate up rate down Reply

Scott

Here is a link to a good graph picture of the stock tumbles that both Palm and Rim took once Apple announced the iPhone.

http://www.macsupport.ca/2007/01/09/the-effect-of-apples-iphone-announcement-on-rim-and-palm-stock/

January 10 2007 at 12:01 AM Report abuse Permalink rate up rate down Reply