(Image source: Flickr/roblawton)

 

BY JIM FLINK

ANCHOR NATHAN BYRNE


RIM appears to be on the brink. That’s the headline screaming from Research in Motion’s fourth-quarter earnings call.


Fortune has the snapshot.

“Research in Motion reported earnings for its fiscal fourth quarter, with a net loss of $125 million and 19% decline in revenue to $4.2 billion.”

The bad news doesn’t stop there. RIM executives are jumping ship — or being pushed off it — at alarming rates.


According to Boy Genius Reports...

“... RIM co-founder Jim Balsillie will step down as director and leave the company … chief technology officer David Yach and chief operating officer Jim Rowan, will leave the company.”

And along with big losses on both the financial and leadership front, throw in a little change in focus. AP reports — RIM wants to return to its core strength of business offerings and away from consumer gadgets.

But The Guardian wonders, does RIM really have a core strength anymore?

“RIM's key problem is that enterprises now don't need its encryption on email, because device security can effectively enforce that, and secure connections (such as Google's) make online conversations untappable. Its core strengths, in other words, have fizzled out. They don't exist in the same way any more.”


The Guardian wonders if RIMs customer base -- government and business -- won’t look elsewhere.

A Wall Street Journal analyst says, if there’s a silver lining, it lies in the loyal Blackberry base.


“There are people who you cannot rip that thing out of their hands.”

“Let’s not read the death rites too soon on Blackberry.”

“But it’s dying and people are shifting away.”


For its part, Blackberry’s blog is touting Government Day at Blackberry World, taking place April 30th in Orlando.

“Government Day ... targets the unique needs of government organizations with content that highlights how BlackBerry solutions are used to help mobilize teams, streamline operations and efficiently deliver public service.”

Blackberry Bubble May Be Bursting; RIM on Brink?

by Jim Flink
0
Transcript
Mar 30, 2012

Blackberry Bubble May Be Bursting; RIM on Brink?

(Image source: Flickr/roblawton)

 

BY JIM FLINK

ANCHOR NATHAN BYRNE


RIM appears to be on the brink. That’s the headline screaming from Research in Motion’s fourth-quarter earnings call.


Fortune has the snapshot.

“Research in Motion reported earnings for its fiscal fourth quarter, with a net loss of $125 million and 19% decline in revenue to $4.2 billion.”

The bad news doesn’t stop there. RIM executives are jumping ship — or being pushed off it — at alarming rates.


According to Boy Genius Reports...

“... RIM co-founder Jim Balsillie will step down as director and leave the company … chief technology officer David Yach and chief operating officer Jim Rowan, will leave the company.”

And along with big losses on both the financial and leadership front, throw in a little change in focus. AP reports — RIM wants to return to its core strength of business offerings and away from consumer gadgets.

But The Guardian wonders, does RIM really have a core strength anymore?

“RIM's key problem is that enterprises now don't need its encryption on email, because device security can effectively enforce that, and secure connections (such as Google's) make online conversations untappable. Its core strengths, in other words, have fizzled out. They don't exist in the same way any more.”


The Guardian wonders if RIMs customer base -- government and business -- won’t look elsewhere.

A Wall Street Journal analyst says, if there’s a silver lining, it lies in the loyal Blackberry base.


“There are people who you cannot rip that thing out of their hands.”

“Let’s not read the death rites too soon on Blackberry.”

“But it’s dying and people are shifting away.”


For its part, Blackberry’s blog is touting Government Day at Blackberry World, taking place April 30th in Orlando.

“Government Day ... targets the unique needs of government organizations with content that highlights how BlackBerry solutions are used to help mobilize teams, streamline operations and efficiently deliver public service.”

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