Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM) and Apple Inc. (NASDAQ:AAPL) are the subject of a report from analysts at Jefferies today. They predict a “solid” November quarter for RIM and a “strong” December quarter for Apple Inc. (NASDAQ:AAPL).

Apple and Rim

Jefferies analysts cite guidance from Jabil Circuit, Inc. (NYSE:JBL)’s November quarter results as their indicator. They said Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM)’s handset business was going a little bit better than it was expected to go. The company accounted for 10 percent of Jabil Circuit, Inc. (NYSE:JBL)’s revenue in its August report, and Jefferies estimates that RIM is about half the company’s high velocity segment, which is also doing better than expected.

Instead of losing 24 percent year over year, Jabil’s is losing just 20 percent year over year. Also November quarter revenues for the company were down 4.5 percent quarter over quarter versus their estimated 7 percent loss quarter over quarter. Because of this updated information from Jabil’s, Jefferies has increased its RIM shipment estimates.

Shares of Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM) are on the rise again this morning, increasing 1 percent since the markets opened. The stock has more than doubled in value in just three months as shareholders and investors anxiously away the release of the BlackBerry 10, which will be launched at the end of January. Also the company reported that it had 80 million subscribers and posted revenue numbers that were better than expected in its last quarterly earnings report.

Jefferies sees Apple Inc. (NASDAQ:AAPL) as going “strong with improving margins,” thanks to the updated guidance information from Jabil Circuit, Inc. (NYSE:JBL). Jabil missed expectations in its August quarter and guided light, which they believe was because of Apple’s manufacturing issues. Apple was 13 percent of Jabil’s August report, and they estimate that Apple makes up about half of Jabil’s specialized segment and 25 percent of the company’s diversified manufacturing segment. Jefferies analysts said Apple’s first quarter business is “in line” with their expectations.