RIM death watch

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jpiniero

Lifer
Oct 1, 2010
14,865
5,471
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Im really surprised they've lasted this long.

They have no debt and still $2B in cash. It's almost getting to the point where Wall Street has to step in and start pressuring the board to sell or liquidate to preserve the assets though.
 

trmiv

Lifer
Oct 10, 1999
14,668
1
81
IHateMyJob2004 should be along any moment now to tell us this is all just smoke and mirrors. Blackberry will be stronger than ever!

 
Oct 25, 2006
11,036
11
91
Oh man, they didn't even make it to 3 million sales.
My god that's terrible. They didn't even bother to divy up device sales, except that their low end devices still sell more than the BB10 phones.

And their subscriber base continues to drop.
 

Imp

Lifer
Feb 8, 2000
18,829
184
106
Only valid argument left is that people may have held out for the keyboard version...

I have two coworkers who were doing that -- one bought one, the other is thinking of just getting an older model. How strong is brand loyalty nowadays.
 

silverpig

Lifer
Jul 29, 2001
27,709
11
81
They need to release a phone with a bigger screen and quad core processor.

That's coming in the fall.

They still have plenty of life left in them. They lost 80 million, but cash flow from operations was positive, and they added to the cash pile.
 

rockyct

Diamond Member
Jun 23, 2001
6,656
32
91
Oh man, they didn't even make it to 3 million sales.
My god that's terrible. They didn't even bother to divy up device sales, except that their low end devices still sell more than the BB10 phones.

And their subscriber base continues to drop.
They didn't even make it to 2.7 million sales. Remember, that number is devices shipped. It may not be much different with how many they actually sold, but it may be quite a bit different. I guess it could be as much as 30% lower.
 

Crono

Lifer
Aug 8, 2001
23,720
1,501
136
IHateMyJob2004 should be along any moment now to tell us this is all just smoke and mirrors. Blackberry will be stronger than ever!

He probably will. He has a vested interest, he's the primary person keeping this thread alive.

I haven't been expecting anything from Blackberry/RIM since I heard details about BB10 before it launched, though I was a little surprised that it actually wasn't too bad as far as stability and features. It's a case of too little, too late, though, they really should have been out with BB10 back before iOS6, Jellybean, or WP8 if they wanted to be able to compete. There is room for a 4th in the smartphone market, but it's not a comfortable place to be for a company that used to be the standard for at least the corporate world.

Now it's pretty much only Canadians and some Europeans who are interested in Blackberry devices. Blackberry/RIM should never have ceded that ground by taking so long to get things right, it almost would have certainly been better if they did smaller incremental updates than a massively late-to-the-party launch of a new OS. Blackberry can survive, they just need to shrink and be more of a developer playing on multiple platforms than a device manufacturer, which I think they partly realize themselves (BBM is going cross-platform). Kind of like how SEGA still exists as a video game developer though they no longer manufacture consoles. And odd comparison, I know.

It would be cool to see them partner with some Android and Windows Phone manufacturers to create Blackberry co-branded phones with physical keyboards and market them toward corporate users and power users. A keyboard with BES (or even return of BIS) and the Office suite a Nokia Lumia phone, for example, might be appealing to companies with big pockets. I'd be tempted to get one if it were executed properly.


 
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KMFJD

Lifer
Aug 11, 2005
29,785
44,234
136
Our # of blackberries has not increased in the last year, i'd say bes account creation requests have decreased a bit but nothing huge
 

Crono

Lifer
Aug 8, 2001
23,720
1,501
136
Just realized I made a post exactly one year ago in this thread, and my opinion hasn't changed (except Nokia is a bit more stable):

Very few cell phone manufacturers companies can survive on that scale anymore. Apple is as safe as any company can be, Google is stable, but Microsoft's partner Nokia is in danger and I agree that it's just a matter of time before RIM goes under.

What's surprising to me is that they are still clinging to their OS. There just isn't any room for 4 OSes in this market, not unless there is some truly innovative feature that would drive the masses to buy BlackBerry once again. The two things BlackBerry did well were email (which all smartphones handle adequately now) and physical keys (which are irrelevant, but also available on numerous other brands).

I expect Microsoft to survive, but they are learning to be quicker with reinventing their Windows ecosystem, and Windows Phone 8 should at least keep them in the game. The best thing that could happen for RIM right now is for their patent portfolio to be bought up by Microsoft. I don't see anything else they can really offer, and maintaining their independence might their downfall if their new platform fails.
 

Imp

Lifer
Feb 8, 2000
18,829
184
106
He probably will. He has a vested interest, he's the primary person keeping this thread alive.

Now it's pretty much only Canadians and some Europeans who are interested in Blackberry devices. Blackberry/RIM should never have ceded that ground by taking so long to get things right, it almost would have certainly been better if they did smaller incremental updates than a massively late-to-the-party launch of a new OS. Blackberry can survive, they just need to shrink and be more of a developer playing on multiple platforms than a device manufacturer, which I think they partly realize themselves (BBM is going cross-platform). Kind of like how SEGA still exists as a video game developer though they no longer manufacture consoles. And odd comparison, I know.

But India and other developing countries dude!

There are a billion people (living in poverty) who need phones and can't afford highly subsidized phones like iPhones and Samsung Galaxies! Blackberry si hueg in those countries, yo.
 

Murloc

Diamond Member
Jun 24, 2008
5,382
65
91
nobody buys blackberries anymore, I can count one person who has one and it's probably from before android came out.
Nobody ever talks about them either.
 

Ns1

No Lifer
Jun 17, 2001
55,414
1,574
126
But India and other developing countries dude!

There are a billion people (living in poverty) who need phones and can't afford highly subsidized phones like iPhones and Samsung Galaxies! Blackberry si hueg in those countries, yo.

Everyone in India has a non-smartphone or a Samsung smartphone. Bb and apple don't exist in india.
 

Balt

Lifer
Mar 12, 2000
12,674
482
126
Unlikely another company will buy RIM. More likely buy their assets and let RIM fold.

Do they have patents on anything that other people want to use? I mean, RAMBUS is still around pretty much for the sole purpose of suing companies for patent infringement I think.
 
Sep 29, 2004
18,665
67
91
IHateMyJob2004 should be along any moment now to tell us this is all just smoke and mirrors. Blackberry will be stronger than ever!


No, but I will point out that Free Cash Flow for the quarter was a positive $530 million or thereabouts. ya, I know ..... not in articles anywhere so it doesn't matter. Except it does.

I am officially worried though. The unit sales sucked. I was shocked that they didn't even meet the street.

I am starting to agree that BBRY may turn into a software only company.
 
Sep 29, 2004
18,665
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My biggest worry with BB right now is they seem to be abandoning their service revenue business. That's what has kept them around and is what will keep them around.

Huh? They announced that is ultimately going to zero months ago. It's being replaced by BES10 and revenues from the blackberry store (apps, music, movies, etc)
 

silverpig

Lifer
Jul 29, 2001
27,709
11
81
Huh? They announced that is ultimately going to zero months ago. It's being replaced by BES10 and revenues from the blackberry store (apps, music, movies, etc)

Yeah I know. That's a mistake IMO.

I can think of a few services BB could launch that I'd happily pay $5-10/mo for.
 
Sep 29, 2004
18,665
67
91
AGM was today .... and not a total disaster. Questions asked were answered and they gave a top level overview of the 3 phase plant to turn things around. Phase 1 is complete and phase 2 started a month ago. Phase 1 was mostly streamilining the business.
 
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