Comment by raw_anon_1111
Comment by raw_anon_1111 16 hours ago
That’s not evidence of anything in and of itself. RIMs stock price was at its highest in 2009 two years after the iPhone came out.
Comment by raw_anon_1111 16 hours ago
That’s not evidence of anything in and of itself. RIMs stock price was at its highest in 2009 two years after the iPhone came out.
You are correct. I remember the anecdote as something peaking. I thought it was the stock price. It was actually market share
I was curious about this - if my Google results are accurate, it looks like the stock actually peaked in June 2007, the same month that the iphone was released.
It seems that Blackberry's market share of new phone sales peaked at 20% in 2009. So I'm not sure if it's coincidence, but it looks like the market actually did a pretty good job of pricing in the iphone/android risk well before it was strongly reflected in sales.