$RIMM . Hitting a road block in Indonesia

In South East Asia, Indonesia is perhaps the fastest growing market for RIMM. But, the following news does not sounds good: Research In Motion (RIM) has cancelled its investment plan in Indonesia due to tax issues. RIM believes it would be taxed twice, both in Indonesia and Canada. However, Edy Putra Irawady, deputy coordinating economic… Continue reading $RIMM . Hitting a road block in Indonesia

Research In Motion (RIMM) : A sign of weakness

Wall Street Journal just reported that RIMM is shopping for mobile ad network to add to its business core. If there’s one thing that is clear on this front, RIMM is losing ground for their mobile phone market share. Acquiring a mobile ad network will at most keep them ‘alive’ in the game and play… Continue reading Research In Motion (RIMM) : A sign of weakness