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Member
(05-29-2012, 06:23 PM)
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RIM continues to struggle; loses multiple execs, expected to cut 2,000+ jobs
#1
As if letting 2,000 people go this time last year wasn't enough... Being a blackberry fan is getting tougher and tougher. Sounds like a race to acquisition territory to me. They've lost 2 big government contracts here in the US and who knows how many more high-paying corporate customer deals that weren't publicized. Stock's trading under $11 today.
http://www.thestar.com/business/arti...should-they-go
Originally Posted by Toronto Star:
Quote:
Never thought Nokia would outlast 'em. |
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Member
(05-29-2012, 06:32 PM)
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#6
Their advantage is more limited to enterprise management of the device (enforcing policies, etc) |
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Member
(05-29-2012, 06:45 PM)
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#12
I agree with this. As well, the Blackberry network is a very valuable service. I kind of think RIM will move towards opening up that service to other devices for a fee. BBM on an Android or iPhone would be pretty huge.
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Member
(05-29-2012, 07:00 PM)
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#14
I also think the ship has sailed on that idea an charging for BBM isn't going to fly anymore. |
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Cheebs
(05-29-2012, 07:04 PM)
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#15
I feel terrible for all the employees losing their job but this company is doing a horrible horrible job. They failed to adapt at all to the rapidly changing smartphone market and are on the way out of business as a result. If there is any text book example of how to not run a company in the tech industry it is RIM.
RIM is one of the biggest embarrassments in the entire tech industry in the post internet bubble era. |
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Looking for his Eleventh Toe
(05-29-2012, 07:11 PM)
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#16
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Look!
A crack addict with a tag! (05-29-2012, 07:13 PM)
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#19
It's also likely they're going to have to do a third stock write off.
Quote:
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Member
(05-29-2012, 07:13 PM)
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#20
Need to sell the company to Google. For the patents. Either that or sell the patents as long as Google give a free perpetual licence for them back to RIM after the sale. That would bring in billions of dollars worth of cash to pay for development of new phones, tablets and bringing QNX to the masses.
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Cheebs
(05-29-2012, 07:15 PM)
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#24
I decided to take a look at crackberry to see how they are reacting. The mere fact this is one of their headline images kind of showcases everything that is wrong about Blackberry pretty easily:
![]() That third one is too amazing for words. The old 7-UP mascot from the 90's, Pac-Man chasing a cloud, a block of cheese and icons that look like M&M's?
Last edited by Cheebo; 05-29-2012 at 07:18 PM.
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Member
(05-29-2012, 07:20 PM)
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#29
Rubbish I type faster on my Android touch phone than I do on a BB as it doesn't require physical button presses, just touch detection. |
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Cheebs
(05-29-2012, 07:20 PM)
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#30
Except tons of android phones have hardware keyboards. And ask most people with smartphones theses days. They type just as fast if not faster on their touch screens than they did on their old bbs.
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Member
(05-29-2012, 07:23 PM)
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#33
I hate using anecdotal evidence as an argument but yours wasn't even anecdotal, it was just some wrong shit you thought you needed to type. |
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(05-29-2012, 07:25 PM)
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#35
Wasn't it a Steve Ballmer qoute? Sorry to spoil the fun :p
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sober, clothed, willing
(05-29-2012, 07:28 PM)
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#37
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Member
(05-29-2012, 07:33 PM)
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#42
But yeah, most everything that made BB stand out in the corporate environment has been overshadowed by poor evolution. iOS is limited since you have to use OWA to get email and calendars, but at least the security is better than Android (for now). I really like the new 9900 phone and the playbook with OS2 is great, but they're both waaaay late. Helps that RIM has no debt and a good deal of cash on hand, but that makes the probability of a smooth, quick takeover that much more likely. May actually be a good time to buy RIMM... |
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Look!
A crack addict with a tag! (05-29-2012, 07:33 PM)
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#43
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Member
(05-29-2012, 07:35 PM)
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#44
RIM definitely had a head start in the mobile messaging space, but they fell off on everything else. At this point it is a good thing they had that great messaging service, or they would be completely gone by now. The only thing that's keeping them afloat at the moment is taht Apple and Google are still playing a bit of catch-up in that area. But with each successive update of iOS and Android they gain ground, meanwhile RIM can't seem to edge any closer to their competitors in other areas of smartphone use.
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Looking for his Eleventh Toe
(05-29-2012, 07:50 PM)
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#45
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Member
(05-29-2012, 07:52 PM)
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#46
Regardless, it did make sense at one time to license BBM, but when people are jettisoning their RIM devices like they have mobile AIDS, nobody is going to pay money for that service at this point. RIM and Sony will both be used in many current and future business classes as case studies. Kings of their industry to gutter trash in just a few short years. |
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GAF Kustomer Kare Rep
(05-29-2012, 08:16 PM)
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#47
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(05-29-2012, 08:17 PM)
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#48
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Member
(05-29-2012, 08:27 PM)
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#50
Eeeek
RIM hires JP Morgan to explore options, most likely probably pushing for a sale The "facepalm" phone in cometh. |