Research in Motion is Doomed: 93% of Fortune 500 Testing iPhone

As if Research in Motion (NASDAQ:RIMM) needs another kick in the Blackberries, Apple (NASDAQ:AAPL) CEO Tim Cook just said iPhones comprise 5% of all mobile phone sales … but 93% of Fortune 500 companies are testing the iPhone!

Get ready for RIMM‘s stock to take a fresh beating. As I write, shares are in free fall and down over 1.5% since Cook opened his mouth at today’s iPhone event.

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

More from The Cheat Sheet