More Companies Giving RIMM a Shot
by Toby Smith 06/05/08We recently reported how a growing number of consumers are buying BlackBerries. This uptrend is also playing out in the corporate spending area as well, which is good news for Research In Motion (RIMM), as it is looking to grow its substantial lead over the competition.
Although overall corporate IT spending is about as lackluster as its consumer counterpart, a growing number of companies rely on smartphones to keep their businesses operating around the clock and even around the world. This is benefiting not only RIMM but also Apple (AAPL), whose iPhone ranks second in terms of planned corporate purchases.
Although Apple's current level of 13% of planned purchases in the next quarter is respectable, it pales in comparison to Research In Motion's hefty 82%.
As you can see from the chart, Palm (PALM) is continuing its steady decline, with only 8% of planned purchases on the corporate front going to help its bottom line.
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