RIMM may be the big player for now in the corp world but everyone I know who was forced to use a BB for work purposes complained bitterly (except for BBM, but your network needs peers to be BBM'ers for this to be useful). Most people are being allowed to switch to iphone or android (my favorite) as long as we fit the hardware bill - which I gladly did. With Ice Cream Sandwich rolling out on so many good handsets, I'm seeing poor RIMM having a tough time going forward. FWIW - this is just an everyday observation, but I firmly believe that the word on the street is WAY ahead of the analysts.
Rimm is here to stay because of the advanced security that it gives to its users. The sales will go down substantially though. I think it could be purchased soon. I see 20 written all over it. And all tach companies are going to be bankrupt sooner or later. Please name tech companies that have survived for 100 years, very few come to mind.
I see 20 written all over it..............? .................................................. crap you never wanna own........airline, auto and obsolete tech the mike and jimmy show is over. the harvard talking head is pissed the hockey world won't let him play ( he is too short ) and the lab rat is delusional to think the rimm edge is still existing. LIGHTS ON, NOBODY HOME....... Rimm is toast. the existing tech. can be sold to google et al. and then deep 6 the mfg. side. they can offer up a slice of pi for the patents, gotta luv these guys. http://www.techdirt.com/articles/20...nortel-patents-how-about-314159-billion.shtml $3.14159 bbm is no excuse for the walking dead to continue. start diggin' the hole.... an analyst has never put a nickel of his own $ on the line to trade squat. a bunch of eunuchs. cheers, s
................................................ sys wiz, the market is never wrong.......and you should know that.......... s
NEW YORK (TheStreet) -- When Apple(AAPL_) introduced the iPhone to the world in January 2007, Research In Motion(RIMM_) dismissed the device as a competitive threat, or so we would learn later. Co-CEO Mike Lazaridis stated internally, according to reports, that no one would want the equivalent of a personal computer on a phone. People just wanted an email messaging device, he asserted -- a worldview shaped by the company he'd built. But the death knell for RIM probably came earlier, on Oct. 5, 2006. That was the day the other RIM co-CEO, Jim Balsillie, bid $185 million to buy the Pittsburgh Penguins. That bid began a childish, multiyear quest by Balsillie to buy a hockey team, which diverted his focus from the core RIM business. RIM's competitive position today is arguably unfixable because of Balsillie's quixotic quest. Balsillie's bid for the Penguins ran from October to December 2006, when he finally withdrew his bid in frustration. But five months later, he announced he was going to buy the Nashville Predators instead. Again, however, the bid was not to be. After the league fought it and the owner got cold feet, the deal was canceled a year later. But Balsillie wouldn't let go of his dream. With a net worth much greater then than it is now, he made a $212.5 million offer to buy the Phoenix Coyotes in May 2009. This deal also got derailed several months later. Did a hockey fantasy kill RIM? Wasn't Jim Balsillie working on his own time to spend his own money, which he has a right to do? Well, you can call it a coincidence, but here are the numbers: Since Balsillie's Oct. 5, 2006 bid for the Penguins, RIM's shares are down 16%. Over that same period, the Nasdaq is up 24%, and Apple -- riding the incredible success of its iPhone, which it turns out people did want -- has risen 358%. Maybe this would have happened anyway. Maybe Apple was just too strong and RIM's directors should shrug their shoulders and say, "Hey, it wasn't our fault because this is just a competitive business." .......................................... the 2 lads start to blow it out............right about here......... s
http://www.bgr.com/2011/06/30/open-...xec-tells-all-as-company-crumbles-around-him/ .......................................... the rimm crew starts to bail.... cheers, s
they were once fairly novel, now all I see from them is a range of desperate 'me too' products, it's a shame
RIM Co-CEOs to Critics: Weâre Awesome and Weâre Not Going Anywhere JUNE 17, 2011 AT 4:35 AM PT Research in Motion co-CEOs Jim Balsillie and Mike Lazaridis have an answer for critics calling for their ouster, or at least the end of their power-sharing arrangement. Take off, eh? Weâre doing a great job. During a bizarre earnings call Thursday, the two defended the companyâs co-CEO structure essentially by praising one another and their accomplishments together, which, while considerable in the long view, are more than a bit lacking in the short term, as a quick glance at the companyâs stock performance this year â or its moldering handset portfolio â will tell you. âMike and I would like to address some of the concerns that have been expressed surrounding the executive management structure at RIM and, specifically, the joint nature of our leadership,â Balsillie said. âMike and I have been partners in this business for almost 20 years, and during that time RIM has grown to $20 billion in annual revenue. We are currently approaching the tail end of a significant transition in our business, that, frankly, few companies would have survived. But we have. And I believe, and I think Mike would agree, that neither of us could have taken RIM this far alone.â âI agree with Jimâs comments,â Lazaridis added. âOur co-CEO arrangement is what led to RIMâs success over the past two decades.â That point is well taken; thereâs no question the two are responsible for turning RIM into an industry juggernaut. But thatâs ancient history now. These are very different times, and Balsillieâs implication that he and Lazaridis are the only two executives on the face of the planet capable of continuing RIMâs legacy seems ⦠questionable. ââI expect to see the Maple Leafs win a Stanley Cup before RIM builds a number one phone.â â Bing Gordon, Kleiner Perkins After all, itâs RIMâs strategic missteps that brought the company to this sorry state in the first place. And responsibility for those rests firmly with the co-CEOs, who clearly had their heads in the sand when Appleâs iOS and Googleâs Android first began to emerge as a threat back in 2007. Yet Balsillie and Lazaridis seem entirely oblivious to this. Certainly that was the appearance they gave during Thursdayâs earnings call. âJim and I have the perfect balance to make the hard decisions,â Lazaridis said. âThis is fun. ⦠Weâre changing the world. Weâre transforming the way people work. ⦠We birthed a tablet in a year! ⦠We transitioned to a new operating system!â The only thing more tiring â and frustrating â than listening to the companyâs repeated âjust you wait, our new device is a quantum leap over anything thatâs out thereâ promises is hearing the two guys who make and then break them congratulate each another on what a fantastic job theyâre doing navigating a transition they didnât have the foresight to prepare for â or see. That they did this while their stock was tanking â falling some 15 percent as investors reacted to their companyâs ugly financials â is simply astonishing. âRIM has taken a unique path and the reason why we do things might not always be obvious from the outside,â Lazaridis said at one point during the call. At this point, I wonder if itâs obvious to anyone but RIMâs co-CEOs. ................................................. ââI expect to see the Maple Leafs win a Stanley Cup before RIM builds a number one phone.â â Bing Gordon, Kleiner Perkin RIP............ s
RIM Co-CEOs to Critics: Weâre Awesome and Weâre Not Going Anywhere....... ...................................... the dudes. s