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There is constant buzz on the competition between the iPhone and Blackberry, with a lot of hype surrounding Apple and its chic new phone.
On the other hand, the Blackberry itself is a more professional and functional smartphone that appeals to business and professional types because its reputation is more serious and sophisticated. While I see the iPhone as an attractive device, I cant help but feel its overrated. In economic uncertainty, professionals will be much more resistant to a recession than college kids and young adults with less disposable income who hold iPhones. Sentiment for RIMM is currently bullish (http://predictwallstreet.com/forecast.aspx?symbol=RIMM) and predicted to close up according to predictwallstreet.com. I agree that RIMM's drop last month was an overreaction to its earnings reports and that this new competitive smartphone market is only going to expand the sector.