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RIM Torch on pace for 500k units in August

“In our view, investors are missing the way BlackBerries are eating into Nokia’s messaging phone share in Europe, Latin America and Southeast Asia now that the E-series demand is slowing,” he writes. “We believe the Torch is on pace for 500K units in August,

via Research In Motion: MKM Still Bullish; Cites Growth Outside U.S. – Tech Trader Daily – Barrons.com.

Torch selling 500k units a month may be good news to RIM but it’s hardly a barnburner.

The news about Nokia losing share to RIM is another curious data point. First, because it identifies two competing smartphone classes (E-series and Blackberries) as “messaging phones”. That’s like saying that HP is losing share to Dell in the “email PC” business. Though the classification of general purpose devices by single uses is probably fair here since these devices are not much good for anything else.