Not_the_Daddy, 2012-07-06 22:08:07 Sorry.., "Shame on RIM if the Nortel."

Should be: "Shame on RIM if they pull a Nortel."

Not_the_Daddy, 2012-07-10 13:30:47

Now, we are VERY worried. RIM has announced it is not worried nor broken. RIM posted, last thursday, only a $192 millon leak as opposed to prjections as high as $600 million. But, as on pundint put it "they financially found change under couch cushions" which is a one off.

We want RIM to get off their collective butts.

Shame on RIM if the Nortel.

Not_the_Daddy, 2012-07-06 22:08:07

Yeah, because Apple didn't sell hardly any Iphones until this black-out.

RIM's decline started LONG before the blackout. The blackout was just the final straw for many consumer level users.

The blackberry security will still give it a hand up in the business world, but is that going to be enough. By the time the android bots infest enough business for IT to demand moving back to the BB, there may not be a BB to move back to.

posted:

I think they will survive though because as i have said before most of this decline started after the black out of service. Once a few corporate server systems get hacked through other devices being connected things will return to normal. Botts have a;ready been found in Android handsets. TICK TICK

jon, 2012-07-05 16:57:17

The Crusher, 2012-07-06 15:48:00

Not_The_Daddy I think the BYOD is a disaster waiting to happen and will lead to a total rethink on the security of portable devices. That having been said, sitting on a wad of cash like they are as you rightly say will only take you so far.

I think they will survive though because as i have said before most of this decline started after the black out of service. Once a few corporate server systems get hacked through other devices being connected things will return to normal. Botts have a;ready been found in Android handsets. TICK TICK
jon, 2012-07-05 16:57:17

Years ago, when RIM stock was exploding I could not understand how this one trick pony could last long term. They surged to the top and dominated the smart phone market, which was expanding rapidy within business, government, etc, everywhere RIMs security is wanted or needed, but did not seem to be expanding the product lineup. The entire fortune was stacked on one device. As smartphones made the transition to the comsumer (ie became affordable), which became the next growing market, RIM sat on the throne eating cookies and cream while Apple produced its Toy-phone, I mean I-phone. And only after extensive marketing of the toy-phone, people who are easily duped by flashing lights began scouping up the toy in large numbers, leaving the professional device to the limited growth of existing business and government. RIM ignored the consumer market, never bothered to advertise their superior device, and seemingly paid little attention till it was too late, with both CEOs more concerned about purhcasing NHL teams or philanthrapy (a noble cause but not what a business needs to thrive). They had the cash, they had the people, they should have had touch screen phones out before toy-phone 2, the playbook before the toy-pad, and they should have dominated BOTH business and consumer markets.

Many superior products are outed by inferior ones simply due to smart marketing. Think VHF vs Beta.

RIM is now is deep do-do, (that's the rim of the toilet bowl as they circle the drain.) and I do not know if they can survive the general rejection of their product line beyond the basic BB)and mass exodus of consumers to crAPPLE products. Too bad cause with the proper management, they could still be at the top of their game.
The Crusher, 2012-07-05 15:40:03

Most companies grow in leaps and bounds, not walking along at a regular pace. RIM is just catching its breath from its past run of success, it will survive.
Redneck Larry, 2012-07-04 14:20:09

Yes they will survive and anyone's guess to what level of the market they will have in the next few years.

Good luck and prefer they succeed.
Bucadogg, 2012-07-04 11:10:09

RIM, like Nokia, has been a victim of their own success. They have failed, utterly, to respond to changing market demands. One would think that the launch numbers of Apple's first iPhone would have been a clue....NOPE.

Look at RIM's Torch, Bold and Curve models...yeah, ok, the Curve does have (gasp) patented rounded (curved) corners on a few of its keys and the product iterations progressively support newer generation protocols but that is about it.

RIM, as a once $60 Billion company and currently valued at about $5 Billion, sat (and sat some more) on mountains of cash while admiring all of its eggs basketed in their business market model. They owned the secure message market. Hmmm, China and many of the emeging markets did not want their citizens to have access to hosted encrypted messaging. Could have been a hint there to their R&D to design and roll out a consumer version...NOPE.

Now, RIM's stacks of cash are being devoured (over $500 million in the last quarter) and they are cutting 5,000 employees.

They may emerge from their own mess but they will be a much smaller, niche market, player.

BYOD (bring your own device) could be one more nail in their coffin. Many companies are desperate to cut operating costs and BYOD, though an absolute nightmare for their IT departments, seems to be a growing trend.
Not_the_Daddy, 2012-07-04 08:35:48

does anyone have a guess on the share price if company sold in pieces?
rosel, 2012-07-03 20:52:32

Put your tweeter in a jetsonmobile and ill save up and buy it
neo con hippy, 2012-07-03 19:38:50