Seeking Alpha

Research In Motion (RIMM) might hawk its BlackBerry business to Amazon (AMZN) or Facebook (FB);...

Research In Motion (RIMM) might hawk its BlackBerry business to Amazon (AMZN) or Facebook (FB); sell or open up its messaging systems to Apple (AAPL) or Google (GOOG); or keep the company whole and sell a large stake to Microsoft (MSFT), Sunday Times says ($$). For now, keep an eye on Q1 earnings this week.
From other sites
Comments (128)
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    Opening up BBM messaging has been mentioned before. I'm not so sure that it would enhance revenues much as an app, but it would get the BlackBerry brand name more out in the open.
    24 Jun 2012, 04:57 PM Reply Like
  • remurraymd
    , contributor
    Comments (2287) | Send Message
     
    Last gasp of a dying company with terrible execution and multiple fired CEOS is to spread takeover rumors.The end of the RIMM era happened when Maria Bartaromo of CNBC surrendered her CrackBerry for an iPhone 4GS Fri on live TV said RIMM outages were horrible she lost 3 weeks of work BAD for (RIMM) we wll short earnings. Good for (http://bit.ly/pFSoX2) though we will be long into their earnings. Looks to us like RIMM will go dumpster diving with (http://bit.ly/9V8R2A) soon.
    24 Jun 2012, 05:21 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    That's hilarious! Since when has Maria Bartaromo been credible?

     

    If you think a loss of RIMM will boost AAPL, then you are a fool.

     

    Also, when you type symbols for stocks, you put them in parentheses in order to create a link, like Nokia (NOK) and not the link to a web address. I get a good laugh every time you comment.

     

    RIMM have enough cash to burn for four years before they reach the level of NOK. Even after that, they can borrow, since RIMM have zero debt at the moment.

     

    Definitely expect RIMM to report negative or very low earnings for this quarter, but they warned that would happen. No one should be surprised by their earnings report this week, unless the earnings are positive.
    24 Jun 2012, 05:31 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    Three weeks of lost work due to outages? Really?

     

    Wow. Where do people coming up with this stuff.
    24 Jun 2012, 10:16 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    Hilarious is a polite way saying......
    24 Jun 2012, 10:17 PM Reply Like
  • New Superhuman
    , contributor
    Comments (1182) | Send Message
     
    Hilarious, because the posts are not informative but used as advertisements.

     

    I still don't understand why MSFT hasn't bought RIMM. This would be a great strategic foothold into mobile which MSFT desperately needs, but once again they are showing they have no vision, and no clue how to invest the pile of money that has been going to waste these last 10 years.
    25 Jun 2012, 12:16 AM Reply Like
  • consultnick
    , contributor
    Comments (212) | Send Message
     
    Maria Bartiromo is a very respected figure on Wall Street, and has a tremendous amount of influence over the decisions by serious players. She is connected like no other financial journalist, and perfectly comfortable asking hardball questions of anyone in the financial landscape.

     

    She has also written a pretty good book "Use the News". You might read it before trashing her, and you might think twice about minimizing her impact on IT decisions. She has interviewed hundreds of credible, powerful, and influential people world-wide. You'll do far better listening to her than if you run counter to her.

     

    I saw that same moment, and felt the same sense of doom for Research in Motion--for whom the bell has tolled ever since! I sold my stock the next day, and have not regretted that decision.
    25 Jun 2012, 01:12 AM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    I suspect you are still a fan of her. I use to follow her, and thought she was a good reporter, but I no longer feel the same way. CNBC are nothing more than cheerleaders for the market. Most of what could be viewed on CNBC could be seen as contrary indicators. If you want great financial news, read Reuters and watch Bloomberg.
    25 Jun 2012, 12:24 PM Reply Like
  • consultnick
    , contributor
    Comments (212) | Send Message
     
    I do watch Bloomberg, read Reuters, as well as the Wall Street Journal, Investors Business Daily, The Financial Times and Barron's....all cover-to-cover on their day of issue. I make my best effort possible to be as informed as possible. This includes lots of reading on SA, as well as monitoring CNBC's coverage of the Asian and European markets. Getting information is just about all I do! The kids are grown and gone, so information is my life.

     

    Certain journalists stand out and are worth paying attention to--Maria Bartiromo is a passionate and dedicated journalist. Your out of hand dismissal of CNBC"s content and personages does not square with my experience. They make enormous efforts to bring unbiased programming to viewers around the world. I used to be cynical, but after 12 years of nearly all day viewing, I have reached a very different conclusion, and have great respect for them. The folks that they interview--the entire spectrum of the investment and governmental/political communities--may very well be "talking their book", rather nakedly....but that's good information if you understand its context and know how to "surf" it!

     

    As a long-term, slow-moving investor, I have benefited tremendously by paying attention to CNBC...Maria Bartiromo, and many others.
    26 Jun 2012, 02:44 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    Maria I believe was the youngest girl ever on the trading floor she def has paid her dues
    26 Jun 2012, 03:19 PM Reply Like
  • Artimedes
    , contributor
    Comments (-46) | Send Message
     
    Whether you all consider Bartiromo credible or not, the incident you all were discussing was definitely bad publicity for RIM, especially with an investor audience.

     

    Regardless, it was only a symptom of the problems at RIM, not the cause. In the final analysis, the problem lies with RIM, not publicity or sentiment.
    26 Jun 2012, 03:33 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    I agree, I think she is very good and informative. There are many journalist that are just as good but there are some who are lousy. Word of advice, don't believe everything you hear and it's only one persons opinion.
    26 Jun 2012, 04:21 PM Reply Like
  • mikety
    , contributor
    Comments (36) | Send Message
     
    GTC buy at 8.50 am all in!
    24 Jun 2012, 05:56 PM Reply Like
  • Losing Paper While Gaining ...
    , contributor
    Comments (497) | Send Message
     
    Also, it's rumoured Jesus is considering buying RIM.

     

    People are just making stuff up now.
    24 Jun 2012, 06:38 PM Reply Like
  • Chris Lau
    , contributor
    Comments (1918) | Send Message
     
    BBM is still the de-facto heart of (RIMM) and it makes no sense to sell it. The only smart thing RIM is doing is growing BBM while simultaneously promoting BB10.

     

    I signed up fro BBM Music and can understand the astonishing growth rate of the BBM experience over the wannabes (whatsApp, imessage, gtalk, etc.). I was able to grow the 'friend' network on that platform to 200 'friends' in about a week, and gain access to 5000 songs from all over the world. The biz model is better than that of facebook. Friends are "worth" 0 in dollar terms but on BBM Music it is worth a monthly fee that goes to (RIMM).
    24 Jun 2012, 08:14 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    I don't understand how the message service is so valuable as i see C level executives going without it and not batting an eye. I think it has become a nerd differentiator.

     

    Thus far BB has had lousy form factors and the ecosystem for apps is terrible. They are too far from Silicon Valley and too far from reality.
    24 Jun 2012, 08:35 PM Reply Like
  • Ronin.
    , contributor
    Comments (1487) | Send Message
     
    @Tomas, how do you feel about holding off on taking that RIMM long play, now?
    28 Jun 2012, 06:35 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    Ronin

     

    I really could not add up the long play as much as I tried so I feel great about not going long. My instincts were screaming at me that it was more hope than reality. We also have the Palm case study to lean on so this can happen.

     

    Think I might go short instead as this is the fountain of bad news. This is the anti Ponce de Leon fountain of life. And they still don't have a strategy which means it is really bad.

     

    Was I right on the layoffs needed? I think they really need to go to 7K or 8K in layoffs but they might get there anyways as people leave before they are fired. So the unspoken target may be 8K with 5K coming directly.
    28 Jun 2012, 06:42 PM Reply Like
  • Ronin.
    , contributor
    Comments (1487) | Send Message
     
    I reinitiated my short position about a week ago...but it is a small play...still waiting for AAPL...
    28 Jun 2012, 06:48 PM Reply Like
  • Tack
    , contributor
    Comments (13538) | Send Message
     
    When Android and IOS became the indisputable winners in the operating-system wars, it was all over for RIMM, and for Nokia, as stand-alone brands. And, without competitive software entries they are both left trying to out-manufacture companies like Apple, HTC and Samsung. Good luck.

     

    As we used to say years ago about dead competitors, they will be sold for "notes and other valuable consideration," either whole or in parts.
    24 Jun 2012, 08:55 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    Even "obsolete" their sales volume each quarter has been greater than that of HTC, and every other Android vendor except Samsung. That may change with this next quarterly report, but even that should not be a surprise.

     

    I actually wonder why Sony, and several other smaller players in mobile devices, bother to make smartphones at all. Android has not saved Sony, nor numerous other companies.
    24 Jun 2012, 09:45 PM Reply Like
  • faustius
    , contributor
    Comments (473) | Send Message
     
    As I recall, the last time false rumors of a buyout were floating around the stock got quite a pop (late 2011). Best to just stay away from this one entirely.
    24 Jun 2012, 09:02 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8659) | Send Message
     
    Microsoft will buy all or part of RIMM's business and leave Nokia for dead.
    24 Jun 2012, 09:27 PM Reply Like
  • countingudown
    , contributor
    Comments (137) | Send Message
     
    No they won't. MS could buy Nokia for far less, wait for RIM's handset business to die or be sold to a third-tier wannabe like Dell or Amazon, then go after BBM (if they see the need). Not counting out a patent play, but that pre-supposes a RIM fire sale as they don't seem to have the smarts/cahunas to monetize their patent portfolio for themselves.
    25 Jun 2012, 06:38 AM Reply Like
  • Jack Jeffries
    , contributor
    Comments (72) | Send Message
     
    Unfortunately that won't work, as RIM's handset business will be taking off again with the BB10. Sorry, but that is the more likely future. RIM will not be sold to anyone, as they will be able to turn things around on their own.
    25 Jun 2012, 08:40 AM Reply Like
  • Losing Paper While Gaining ...
    , contributor
    Comments (497) | Send Message
     
    Jack Jeffries
    What do you base that on? Is there some device you've seen that some of us haven't?
    25 Jun 2012, 11:06 AM Reply Like
  • Jack Jeffries
    , contributor
    Comments (72) | Send Message
     
    The BB10 looks to be an amazing smartphone, leapfrogging all other phones that will be available at the time. Plus RIM does not want to be sold, as they car turn it around by themselves.
    25 Jun 2012, 11:19 AM Reply Like
  • countingudown
    , contributor
    Comments (137) | Send Message
     
    p.s. RIM couldn't turn a shopping cart around. But hey, at least the founders got away with most of their money, right?
    25 Jun 2012, 11:33 AM Reply Like
  • Losing Paper While Gaining ...
    , contributor
    Comments (497) | Send Message
     
    I've seen the new BB10 and bar one feature, no one with a clue is impressed by it. It's really not even coming up to par.
    25 Jun 2012, 11:32 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    I am sorry but RIM has only demonstrated a glance of what BB10 will offer so to dismiss it is just ignorance.
    26 Jun 2012, 06:57 AM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    You know nothing about the capabilities of the BB10 or you would be amazed not clueless about it. When it comes out buy it and clue yourself in.
    29 Jun 2012, 10:37 PM Reply Like
  • Odin.
    , contributor
    Comments (79) | Send Message
     
    And what do you know about BB10, you work in development at RIM? Read a little, watch a marketing video presentation and you now are more sure about the OS than the CEO...

     

    Reading your several posts that you put up all at once, you seem upset. You own stock?

     

    ...I thought you seek the truth, red? The truth is, none of us know all that much, except that Heins is having difficulty getting this done according to schedule...
    30 Jun 2012, 02:06 AM Reply Like
  • Dfishmon
    , contributor
    Comments (19) | Send Message
     
    Kinda like what Richard Gere did for a living in "Pretty Woman". I believe some refered to him as a vulture. To me it reminds me of the guys on TV that have that reality show where they travel around the country picking over others junk. I believe called "American Pickers" maybe, not sure. Anyway, one mans garbage is another mans gold. At least I hope it is for Microsoft.
    24 Jun 2012, 09:58 PM Reply Like
  • bobbeau
    , contributor
    Comments (10) | Send Message
     
    Microsoft. I just bought a bunch of {MSFT} please don't buy {RIMM}
    24 Jun 2012, 10:06 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    Don't worry, Microsoft ain't buying RIM.
    24 Jun 2012, 10:20 PM Reply Like
  • Dfishmon
    , contributor
    Comments (19) | Send Message
     
    I bought a bunch a year ago when it was around 24-25 and still waiting for it to awaken and hear its roar. Please surprise us with something new and innovative. I was hoping for some sort of interface between the new 720 X-box home entertainment and their tablet. I don't know what exactly but something new and exciting for the home entertainment center. We can't always get what we want but if we try real hard we get what we need. And what we need right now from MSFT is a catalyst that sends this stock into the next hemisphere.
    24 Jun 2012, 11:32 PM Reply Like
  • gmmpa
    , contributor
    Comments (497) | Send Message
     
    And the smartphone shake out begins. Just 3 years ago RIMM was a best of breed player in the sector. RIMMs management was not paying attention and now is paying the price. They have no products developed to compete and they are loosing market share and market cap daily. They need to do something to stop the bleeding.
    24 Jun 2012, 10:11 PM Reply Like
  • Dfishmon
    , contributor
    Comments (19) | Send Message
     
    They have patents that are worth something to someone and I would prefer that some one to me MSFT. But I can only assume that MSFT has scoured this inventory and know enough about them to know if they would prove to be an asset in their hands or at least worth owning so no one else gets their hands on them.
    27 Jun 2012, 02:26 AM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    RIMM won't sell before they launch the BB10 and await it's response from the public. If it flops then the company will look at selling but at least wait till Christmas. I still think the BB10 will be a huge success and will rally strong support amongst it's faithful. T. Heins would be crazy to not test the market at this point.
    24 Jun 2012, 10:31 PM Reply Like
  • AxiosCap
    , contributor
    Comments (291) | Send Message
     
    No one cares about BBM. To think so is to hang hopes on air. Good Luck with that.
    24 Jun 2012, 11:15 PM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    The BB10 will be a quality,multi-functional piece of technology and the huge number of followers will buy it in mass. Air is important for sustaining life.
    29 Jun 2012, 10:44 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    Given the delay RIM can't be secretive any longer they need to share what the BB10 platform has to offer. They need to keep themselves relevant because until they release BB10 they got nothing to offer.
    30 Jun 2012, 10:08 AM Reply Like
  • DaLatin
    , contributor
    Comments (1522) | Send Message
     
    MSFT an GOOG just released there own tablets and AAPL is still king ! Why would anyone waste a nickel ( no a penny ) on RIMM.

     

    They better learn from Kodak and get $s for the patents and nor risk a Chapter #

     

    As they say in Hawaii " dead horse" Let it fade into Finnish history !
    24 Jun 2012, 11:20 PM Reply Like
  • Pit Bull
    , contributor
    Comments (50) | Send Message
     
    As they say in Hawaii " dead horse"

     

    They also say "they're all buss" (they suck, gone bust), and it's "Pau hana" (they're done!)...that about sums it up!
    26 Jun 2012, 06:13 PM Reply Like
  • Ronin.
    , contributor
    Comments (1487) | Send Message
     
    PAU HANA.... sounds appropriate!
    26 Jun 2012, 06:25 PM Reply Like
  • folsomdon
    , contributor
    Comments (2) | Send Message
     
    BlackBerry needs to quit being all things to all people with an eye on the iPhone. BB needs to get back to basics. Back to the point where it was the phone of choice for business people. An easy-to-use keyboard with access to the internet. For business reasons.
    24 Jun 2012, 11:22 PM Reply Like
  • neversink
    , contributor
    Comments (48) | Send Message
     
    Easy to use keyboard??? That little thing... I have had an iPhone for five years now.... I never looked back at those little keys... Never found BB easy to use or intuitive like the iPhone....

     

    You folks hanging on to BB are reminders of those who hung on and defended all the other businesses that went bust because their products and innovation became stale.

     

    RIMM has been left in the dust years ago....
    25 Jun 2012, 01:15 AM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    QNX will power BBOS, that's the difference.
    25 Jun 2012, 07:17 AM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    You obviously know nothing about the BB10 and it's superior quality and multi- functionality. Take a look at the report by the company and you will be enlightened. The thing that is stale is the negative rhetoric about a new product that will compete with the best. How can you judge a product that hasn't come to market yet?
    29 Jun 2012, 10:55 PM Reply Like
  • Ronin.
    , contributor
    Comments (1487) | Send Message
     
    Hey! Where have you been for the past day or so? If you hadn't noticed, the BB10 comments came before the delay announcement. The announcement was a BOMBSHELL!!!

     

    The wonders of the OS is not nearly as relevant as ACTUALLY getting it out...

     

    RIM is really in dire straights now...even the faithful were undoubtedly disappointed with the delay. What is behind your enthusiasm in the face of all of these bad numbers and the delay. Canadian pride, perhaps...
    30 Jun 2012, 03:15 AM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    RIM is in survival mode. Will be interesting to see what they do over the next six months.
    Some good news for RIM, my daughter wants her blackberry upgrade now so she's getting a Bold 9900 off to Future Shop.
    30 Jun 2012, 10:12 AM Reply Like
  • User 240257
    , contributor
    Comment (1) | Send Message
     
    Shouldn't that be HOCK not HAWK?
    24 Jun 2012, 11:24 PM Reply Like
  • countingudown
    , contributor
    Comments (137) | Send Message
     
    First you hawk (show potential buyers your wares), then you hock (conclude a sale).

     

    Let me guess, educated in the US?
    25 Jun 2012, 07:01 AM Reply Like
  • Ronin.
    , contributor
    Comments (1487) | Send Message
     
    Hey watch it counting! :)
    26 Jun 2012, 04:55 PM Reply Like
  • scott555
    , contributor
    Comments (10) | Send Message
     
    Here's something people forget: the entire USG uses these things and is wedded to them. Not jumping to Iphones. That makes the company still valuable as an entreprise play. And no one has been able to copy the keyboard which alot of us really like vice those touchscreens. There is still a lot of life in this company.
    24 Jun 2012, 11:24 PM Reply Like
  • AxiosCap
    , contributor
    Comments (291) | Send Message
     
    Actually this is not true. Multiple gov't agencies have dropped RIMM this year and moved to iPhones. Do a simple google search and you'll find the articles about it.
    24 Jun 2012, 11:43 PM Reply Like
  • Jack Jeffries
    , contributor
    Comments (72) | Send Message
     
    Actually, this is true.
    24 Jun 2012, 11:52 PM Reply Like
  • countingudown
    , contributor
    Comments (137) | Send Message
     
    Not true at all. What you and most RIM defenders fail to realize is that government and enterprise do not tolerate risk in their supply chain. A flailing, unprofitable company represents extreme risk, and will be removed from the supply chain before it comes to the point of actual failure. This process has been underway for 1 to 2 years now. We brought ours in under the cover of a BYOD programme, but it was all about reducing reliance on RIM, and building out a backup service.

     

    RIM is toast. Its final collapse will surprise only those that were unwilling or unable to read the signs.
    25 Jun 2012, 06:51 AM Reply Like
  • countingudown
    , contributor
    Comments (137) | Send Message
     
    No it's not 'Jack', see my comment above.
    25 Jun 2012, 06:52 AM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    Where security matters BlackBerry's are still the choice for the US GOVERNMENT.
    You anti RIM posters are something else, so US focus, RIM is a global company which generates most of its revenue outside the US.
    Stop drinking the made in USA kool-aid.
    25 Jun 2012, 07:23 AM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    or the canadian maple syrup
    25 Jun 2012, 04:19 PM Reply Like
  • Artimedes
    , contributor
    Comments (-46) | Send Message
     
    Bedrock if anyone is in denial it is the bullish. The market is passing judgment which is all that really matters. It is clear who drank the Kool-aid, who's losing money and who is making money? The shorts are enjoying the slide down, and when that ride stops, they'll jump off...as they should. Don't start talking denial, because you are the one joining the troll in defending the indefensible.
    26 Jun 2012, 03:21 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    I haven't changed my position on RIM, there is no denial. I have said repeatedly that the share price could go down, it will be a rocky ride until BB10 is launched.
    I believe the new OS will be successful, to categorically dismiss it is just ignorance.
    As for your last comment well..........my mom always said if you have nothing good to say then don't say anything at all and I choose not to say anything
    26 Jun 2012, 04:28 PM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    You drum a company out before you even see it's product.The BB7 is a success and the BB10 will succeed also if the anti-competition groups don't interfere. The Big Cheeses will still have their billions so why not let the competitors in or does greed rule the market?
    29 Jun 2012, 11:11 PM Reply Like
  • neversink
    , contributor
    Comments (48) | Send Message
     
    RIP RIMM....

     

    I don't know one child in my daughters' school that has or wants a Blackberry.... and only one or two who want an Android phone. They all want or have iPhones. Their parents have learned from the kids that iPhones are superior and easier and quicker to use. There is little content or apps for Android.

     

    Corporations have been moving to Apple for years -- iPhones, iPads and even computers. I see it everywhere. iPads are being used in cockpits on major airlines, in the operating room, in the board room. People even use their iPhones apps for work. Open up your eyes folks and look around....

     

    There's a reason Apple has become the largest corporation in the world; and a very big reason why RIMM has fallen to near single digits. RIMM is nearly dead.
    25 Jun 2012, 01:28 AM Reply Like
  • DaLatin
    , contributor
    Comments (1522) | Send Message
     
    Hey guys, I get it. There are loyal BB fans,but, the 8 track boomed for a while and you can get a pretty penny for the Edsell !

     

    RIMM is slashing and slashing ,but, their new OS system is not needed. AAPL will tie it's stuff together and MSFT is trying to jump over them by having all their stuff tied together . Even the games.

     

    RIMM will be taken under or slowly die. I say stike first and use the patents now while there still a strong currency. DL
    25 Jun 2012, 05:43 AM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    You are right on one thing there is brand loyalty, all companies require that to be successful in the long term and RIM has that. The QNX OS is really good, BlackBerry's will thrive. RIM doesn't need to be first or second to be profitable. They'll continue to grab a share of a niche market that values security whether that will be enterprise or consumer market.
    25 Jun 2012, 08:00 AM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    RIMM won't sell unless they get a fair price and the price isn't right so your dollar will bounce again. RIMM will launch BB10 and then listen to offers.
    29 Jun 2012, 11:19 PM Reply Like
  • Amateur__investor
    , contributor
    Comments (764) | Send Message
     
    Bartiromo? Now that is so funny. What a MORON. She has no credibility whatsoever. Thank goodness for Bloomberg. CNBC is the PITS with idiots like Kernen, Kudlow, Santelli and Quintanilla.
    25 Jun 2012, 08:36 AM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    All the technical mumbo jumbo does not matter. IBM came out with OS2 back in they day to unseat MS and it did not matter because the war was over. RIMM is coming to the battlefield later this year ready to fight not realizing that the war is over and all the material spoils have been shared by the victors. Sure they can find an occasional treasure on the battlefield to celebrate over but the land has been split up and captives taken away.

     

    This is no longer about engineering and tech specs. The market has decided and RIM is not the choice and cannot catch up.
    25 Jun 2012, 09:26 AM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    the difference is that RIM is still entrenched in enterprise and in the consumer market IBM's OS2 never had that. The consumer market is not cemented to one platform, they will move to the latest and greatest. RIM can catch up, unfortunately for them transitioning to a completely different platform is killing their current sales but that was expected who would want to upgrade to an OS that will eventually be obsolete, watch the sales for BB10 when launched it will be the best ever quarter for RIM. Their long term success however will lie on the quarters thereafter.
    25 Jun 2012, 10:07 AM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    RIM is now a small player and their trajectory has been down and fast. The consumer market is cemented to two players and RIM is not one of them. Possibly Android has vulnerabilities but we shall see.
    25 Jun 2012, 10:12 AM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    I think that is why they are slashing their workforce and focusing more on business users. It seemed odd to make those announcements, but it appears that the way to return to profitability is to downsize the company. They will also be cutting their product line down to one touch screen only phone at the end of this year, and one keyboard and touchscreen phone next year. I don't see them ever being a top player in smartphones again, unless major negative sentiment takes hold of one of the current top players. However, the share prices are at 2003 levels, when RIMM was profitable, and they only had half a million users on their system. Even if they only retain 20% of their current 78million user base, they can return to being profitable by downsizing the company. To give this some perspective, there are more people now using BlackBerry phones than there are people using Mac OS X, yet software continues to be developed for Mac OS X.
    25 Jun 2012, 12:37 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    I agree that Android is the most vulnerable especially when OEM are also supporting WP8
    25 Jun 2012, 12:50 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    HH

     

    RIM has already been downsized on the revenue side. Management has not grasped the trajectory of this downsizing to get expense aligned against it. Classic stage of grief which is denial.

     

    The BIG issue for RIM and a lot of nerds is that the device is not valuable by itself. What makes it valuable is the content that flows through it. Apple has won that battle and Android is in 2nd place. RIM still does not get it which is why they are going down.
    25 Jun 2012, 01:59 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    Seems to me that cutting 6000 employees to save a Billion in expenses is acknowledging problems.

     

    Agreed that their infrastructure is the only thing that makes RIMM unique in smartphones. That alone is one fourth of their revenues.

     

    Why do Sony make Android smartphones? Why does any smartphone company besides Samsung and Apple make smartphones at all? No company will topple either Samsung nor Apple, so why even try? Perhaps every other smartphone vendor, including RIMM, should simply shut down their hardware manufacture and leave smartphones to just Samsung and Apple?
    25 Jun 2012, 02:11 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    because some people want a duopoly
    25 Jun 2012, 02:40 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    HH

     

    I think they need to cut expenses to match their revenue trajectory which would be less than 10,000 employees.

     

    Hardware vendors in general go out of business eventually and especially single play hardware vendors. Sony has assets they can leverage and can also walk away if it does not work. BB's golden era is over and now it is a matter of how long the echo lasts. At the same time overall mobile phone sales growth is dropping so it is even tougher to make a comeback.

     

    I think you can play the echo for an investment thesis but you can't play anything long term because there is no strategy that they seem to understand or expound that would keep them around.

     

    RIM cannot answer why do we care?
    25 Jun 2012, 04:22 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    I disagree with you on the dropping of smartphone sales. This looks like mostly a short term trend based upon macro-economic market concerns. I expect smartphone growth to continue an uptrend in 2013, and more than double by 2015.

     

    When every single smartphone will become a slab with a touchscreen, then what sells one device over another? This is like the laptop market, with every device having a keyboard and monitor. Price might be one consideration, but these are not completely generic devices. That leaves the brand and the reputation of that brand. Obviously Samsung and Apple have figured that out, but look at where Motorola and Nokia are now; both were at the top of mobile devices not long ago.

     

    Success for RIMM will come down to their marketing effort on BlackBerry. They cannot rely upon what they did in the past, letting the carriers promote the devices. Smartphones are now bottled water and toothbrushes, and do not sell themselves. The appearance, materials, finish, and design mean more than anything to consumers, and the only way to promote one device over another is through promoting the brand. We saw the bad example of that with Palm, who had a confusing and weird ad campaign, which I felt led to their decline.

     

    Consider this from the other direction. When Apple went from OS 9 to Mac OS X, and from Power PC to Intel, these were huge changes. They took a gamble, but they knew at the time they needed to change. RIMM has to change now. Obviously it's a huge risk, but that risk is for any company. Same with Nokia, shifting away from Symbian to Windows Phone. We can ask the same of "why do we care?" of any company, including Apple and Samsung.

     

    If the past of mobile phones has taught us anything, it is that brand only takes you so far. This is where Motorola and Nokia stumbled. We may see the same happen to BlackBerry. I don't think any of us has that crystal ball to project exactly what happens, but we know Nokia is far worse off financially than RIMM. If RIMM indeed will fail, then NOK will crash and burn first.
    25 Jun 2012, 04:50 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    HH

     

    I don't think you disagree with me on sales. I said overall mobile phone sales are dropping which I just seen in an article but I do believe smart phone sales are trending upwards yet which is your point. However this leaves a smaller space within which to compete.

     

    I am very skeptical this has anything to do with marketing. Google drove Android phone sales based on more functionality for less money. They did not do a lot of marketing. They also sold a platform for development versus the RIM "we are the geniuses that can do it all" approach. That brought even more functionality to the platform.

     

    RIM cannot answer why anyone would buy any device from them over an Apple or an Android. And they especially cannot answer how they will take market share from Apple or from Android.

     

    In this space only Apple has any brand equity that is material. Everyone else is a yawner. RIM's brand has been damaged which is even worse and that takes years to turn around and massive dollars which is questionable that they have or are willing to spend. Strong brands spend many 100's of millions in advertising not just $50 million or some trivial number like that. And RIM has to do it across multiple countries so it is diluted.

     

    My sense is that this space is going to be Apple and 1 to 2 other players. Google will take one of those slots because they can. RIM or Nokia have a shot at taking a 3rd slot but they have to be extraordinary going forward. If past is prologue they wont.
    26 Jun 2012, 12:08 PM Reply Like
  • Jack Jeffries
    , contributor
    Comments (72) | Send Message
     
    Of course RIM can answer that question. Much much much better security. That was easy. And that is why RIM still owns the enterprise market.
    26 Jun 2012, 12:44 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    You reflect why RIM does not get it. How many consumers in the universe know and care that RIM has much better security? And would choose RIM over Apple or Android on that decision point? And find a sales person that would even tell them it is a decison point. The answer is zero which is how small RIM will become if they don't wake up.

     

    Enterprise will be gone in the next few years as CEO's and their executive teams are already carrying iPads and iPhones and next it will be employees.

     

    Question still stands. Why does anyone care about RIM's devices? Answer to date is that they don't.
    26 Jun 2012, 12:58 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    You forgot Samsung, who have passed Apple a couple quarters ago, and with the launch of the Galaxy S III are likely to stay ahead. This is the only new major smartphone announcement before the Olympics.

     

    I think smartphone sales hit a lull for a few reasons. One is that sales were very strong 4Q 2011. Next is that carrier pricing and plan changes in U.S. markets are causing some people to hold off purchases. Third is a slowdown in developed economies, which causes people to wait unless they absolutely need a smartphone.

     

    Even Apple guided that this quarter sales would not be as good as the previous. They made up some developed markets lower volume through higher volumes in China.

     

    At the moment all smartphone vendors are in this position. Component makers are all reporting lower orders for parts, which tells us smartphone vendors are expecting lower volume sales.

     

    I think the change will be at the end of this year, in 4Q 2012. My expectation is that new smartphone models will spur a buying cycle, though that may taper off into 2013. I don't think the smartphone market is done growing.

     

    The key to lesser companies is how to succeed at lower volumes. If BBM is one measure of BlackBerry users, then 55 million of 78 million total users now use BBM. Suppose even that level is optimistic, and they drop back to 45 million users, which was their user base in 2010. Then RIMM need to streamline the company back to pre-2010 levels. In the grander scheme of how many smartphones will be in use in the world, 45 million, or even 78 million, will not be significant. However, considering that there are fewer than 45 million active Mac OS X users, and software companies still develop new applications for that platform, I indeed think that RIMM can continue to survive. That's a long way from being a growth companies that investors want, so in a way that would still be a failure for RIMM. If they cannot grow, but they can generate profits, then they would need to start issuing a dividend.
    26 Jun 2012, 01:17 PM Reply Like
  • countingudown
    , contributor
    Comments (137) | Send Message
     
    @Tomas, less and less people care about RIM's products. As usual, Horace Dedieu of Asymco provides us with the facts:

     

    twitpic.com/a0qlzy

     

    No company in the mobile space has ever survived such a downturn. The real question for 2012 is who disappears as an independent company first, RIM or Nokia?
    26 Jun 2012, 01:25 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    HH

     

    Samsung is riding Android so I count them in that camp versus Apple and RIM. Samsung's success only makes it harder for RIM and they can be a serious competitor as they are a conglomerate with many different cash flows into the corporate parent.

     

    If a market slows in growth it puts stress on all the players but especially the weak. This should lead to consolidation or players going out of business. I don't think there is room for too many players and given how open Android is I think it puts even more pressure on the number of players. Think of Android as an OS and then look at how many OS's really exist in the technology world.

     

    I agree BB could survive if they go back to an employee level around 2008 to 2010 numbers because that is really where they are now. However it is almost impossible for a public company to state that fact however as it is sign of failure and their investors don't want them to say it. They would rather they sell out which is why they retained JPM. Or tie their future to some miracle release or product. But maximizing value will likely be tied to a sale as the slide downward is going to continue. Buyers are probably sitting back and trying to calcuate how deep that slide will go before jumping in. And Nokia is also available potentially so why buy RIM first?

     

    This is bloody.
    26 Jun 2012, 01:47 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    NOK because they are borrowing money on a junk credit rating. RIMM are not yet borrowing any money, though that was one speculation about their hiring of financial advisers. I like the cleverness of the way you worded the question, because while Motorola did disappear as an "independent", they still exist as a brand under Google. That may be the great change over the next few years, as companies get bought out and only the old brands survive. Tech moves fast and no company can sit on their past. Every company that has been at the top has eventually declined in technology.
    26 Jun 2012, 03:20 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    I think that is why HTC had a leak of a wider array of Windows Phone 8 products coming up at the end of the year. They already pay MSFT about $5 per phone for Android, so why not just license Windows Phone 8.

     

    I've been exploring the consolidation issue for a while. The idea is that like the computer desktop market, everything will gravitate to two platforms. However, as Steve Jobs said years ago, before Google existed, the desktop war is over and Microsoft won. He also stated that no one can control the distribution chain, though that was before iTunes. What we see now is attempts to control distribution through apps, but even there the developers are starting to feel pressure. The thing that cannot be controlled, which Google understand so well, is the internet. Eventually that will be more important than apps on mobile devices, except for gaming.

     

    Quite likely we may see some buyouts. RIMM may more to being a services company, offering their device management software, which is now a fourth of revenues. What does NOK have besides a brand name and patents?
    26 Jun 2012, 03:33 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    HH

     

    I asked the question at the device level because I wanted to know why would anyone buy a RIM device versus another device. I was looking for a compelling story that would play out over and over when people are making a decision. So far it is crickets which is disturbing and likely why RIM management is looking to sell. There is no answer to that question.

     

    Hopefully they can sell so that the value that is in the company can be salvaged and put under a better business model. As a stand alone business it looks incredibly bleak.
    26 Jun 2012, 03:47 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    Okay, I will give you a weird instance with my brother and his company. His COO decided that it would be great to switch everyone to iPhones, so everyone got iPhones, the 4S. Quickly he found out that he was going through the batteries before noon, so he got one of the large add-on battery packs. Then he was getting phone calls asking why he had not responded to a particular e-mail, when the e-mail was not in his in box. Part of the problem was that AT&T are not that reliable with e-mail delivery. So his solution was to reactivate his 3 year old BlackBerry just for e-mails. He still feels the internet experience is vastly better on the iPhone, so now he carries two phones all the time.

     

    Basically, I think that is it, just for e-mail. Granted not everyone needs timely e-mail, and many people are fine checking e-mail once a day. When you consider RIMM changing their enterprise software to manage iOS and Android smartphones, then that is not longer a big draw for BlackBerry hardware. Anyway, this is business related, and the big purchases are now in the consumer space and not in business. Business smartphones are a niche market, and quite mature at that, with maybe 1% growth potential annually. Compare that to projected 18% annual growth in smartphones. The consumer segment is where profits are to be found.
    26 Jun 2012, 03:56 PM Reply Like
  • Carousel
    , contributor
    Comments (309) | Send Message
     
    "And that is why RIM still owns the enterprise market."

     

    RIM no longer owns the enterprise market.

     

    http://bit.ly/MSIM11

     

    45% of traveling businesspeople use iphones, 31% use RIM, 21% use android. RIM is on its way out in enterprise as well.
    26 Jun 2012, 04:28 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    HH

     

    What really made a mess of the mobile device market is Apple and Google positioning their device as a platform for applications and thereby exploding the functionality outwards so that a vertically integrated play like RIM or Nokia could not keep up. The hardware part of the mobile market was devalued tremendously. This change in the market is flowing through RIM and Nokias' financials now.

     

    I would say Google pushed Apple very hard in this direction but Apple was smart and knew they needed to get out of the way and they also recognized it was better to take a cut of the action than try to be all things to all people in low margin applications. They also remembered their Windows experience, knew that protecting margins in mobile was tough so one needed to be way ahead of the competition to preserve margins and they had the consumer experience mindset to step outside of themselves and think about what the consumer wants.

     

    So I don't think it is controlling distribution through apps but rather offering solutions and an ecosystem that they can control that is superior to the old model of a device and a tech spec sheet. And yes if you look at apps as content why shouldn't it just be another iTunes products?

     

    The next battle is who wins the ecosystem war? Apple or Google or both? Or is there a 3rd player? And how can the other traditional players survive in that new world when their playbook is not robust? Can they merge with someone like Google or become a smarter player and pick out niches or a combination of both?

     

    Google is a wild card because they don't believe in the mobile phone market per se they just want to advertise into it so they want an open environment with lots of apps and players.

     

    NOK might offer Google entree into countries they have a small footprint or some other rationale we don't see yet. Same with RIM. MS knows this so they are likely stressed wondering how this will play out. If they buy NOK then Goog could buy RIM and expand RIM's product portfolio dramatically and kick them in the teeth. If they don't buy NOK then Goog might and scrap all MS's efforts.

     

    I don't see Apple buying anyone. And I don't believe Jobs when he said the desktop war was over. He was just saying it was over in a direct confrontation approach as it was mature but he has been working on a flanking maneuver ever since.
    26 Jun 2012, 04:29 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    Well, I don't blindly follow Steve Jobs, but I felt what he said so many years ago was so important that I kept that issue of Wired from February 1996. At the time there was no Google and the internet was not really taking off that well, though he saw the potential in it.

     

    http://seekingalpha.co...

     

    This article didn't get too many readers, but I go over app development and content in it, though the focus is on ADBE. Anyway, there is a chart in that with an interesting app statistical pattern, so I'll link that article below (second chart).

     

    http://bit.ly/QdR0S6

     

    That is the percentage of top apps that are on each platform, and to which degree. The top apps will be multiple platform. Changes in development tools will make that even easier. Adobe Software is only at the beginning of addressing mobile content development. As content development shifts from programmers to creative professionals, as it did with the internet and HTML, we should see even more of this. The Financial Times is one of the first companies to successfully forgo the Apple App Store and create a web app with a subscriber base.

     

    The ecosystem will be important next year. Beyond that the mobile internet will gain more ground, especially as HTML5 tools become more accessible to content creators. There is already evidence of a slowdown in app sales, app searches, and app importance, though I want to save that research for another article. We have typed enough here to be co-authors. ;-)
    26 Jun 2012, 04:43 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    The only thing I will add is that Apple retains control of who can sell apps that reside on their mobile device. Ostensibly to control the quality of the user experience but also to collect a toll. That will not change if Apple can help it.

     

    I agree the app developers will try to build once and deploy everywhere but they will spend most of their time on the top 2 to 3 platforms as they don't need the support headaches of 4 or more platforms. Hence room for a lot of players is not available.

     

    Keep in mind that FT has a strong brand and following and are a niche content provider and those will continue to exist.
    26 Jun 2012, 05:01 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    rimm can catch up......that is way too optimistic esp when they are heading south in a death spiral R.I.M....
    25 Jun 2012, 10:45 AM Reply Like
  • Carousel
    , contributor
    Comments (309) | Send Message
     
    i can't wait for earnings this week... $5/share, here we come.
    25 Jun 2012, 12:55 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    Thursday will be quite entertaining.......and then no guidance for the next quarter either...the genius's were lucky and got a dollar each....
    25 Jun 2012, 01:49 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    That would be an incredibly risky options strategy. Even the 7.00 strike is risky, though the 8.00 strike might be profitable.
    25 Jun 2012, 02:13 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    RIM has stated cash will be in excess of $2.1 Billion that equates to $4 ps.
    25 Jun 2012, 02:42 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    you right about that it should be interesting but my guess is the focus will be on BB10
    25 Jun 2012, 02:43 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    thats prob before paying recent suppliers...or do they still have a line of credit....
    25 Jun 2012, 07:55 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    Unlike NOK, RIMM is not borrowing money. If they move towards doing that, it's tough to determine their credit rating. Most analysts estimates of a cash burn rate suggest half a billion a year, which would give them four years to reorganize. NOK with a junk credit rating do not appear to have that much time.
    25 Jun 2012, 07:58 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8659) | Send Message
     
    Unfortunately for Nokia...it may be a matter of weeks.
    25 Jun 2012, 08:06 PM Reply Like
  • Jack Jeffries
    , contributor
    Comments (72) | Send Message
     
    That may be true for Nokia, but RIM and Nokia are two completely different animals, can cannot be compared in any way.
    25 Jun 2012, 10:19 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    Both NOK and RIMM are in the mobile phone business. They are directly comparable. Both have nearly the same smartphone market share. Both are going through a major operating system change. Both need that operating system change to launch future growth. Both companies are behind with implementing the new operating system strategy. They are more comparable than any two other companies in mobile phones.
    25 Jun 2012, 10:24 PM Reply Like
  • Jack Jeffries
    , contributor
    Comments (72) | Send Message
     
    I don't agree HH. But what I'm saying is everyone says that RIM is following the same path as NOK, and I say they are not. But I don't think they are really all that comparable in any case. Just my opinion.
    25 Jun 2012, 10:48 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    Nero fiddled while Rome burned....
    25 Jun 2012, 04:21 PM Reply Like
  • Ben Sanderson
    , contributor
    Comments (21) | Send Message
     
    So much negativity about RIM and the BB10 even before it is out. I suggest you wait and see whether it was worth the wait or not. Based on what we've seen so far, it looks like it will be. As for the next few quarters, it is a forgone conclusion that they will not be very good. That is normal for a company going through a big change like RIM is. The market should have already taken this into account. RIM appears to be a pretty good bet right now.
    26 Jun 2012, 07:39 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    some must get excited from watching paint dry/grass grow/three toed sloth marathons....I like a few more endorphins something with a pulse
    26 Jun 2012, 08:55 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    So you bought shares of FB? (just kidding) ;-)
    26 Jun 2012, 09:01 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    No I did not bite like Mark Cuban I did manage to talk my son out of it though.....
    26 Jun 2012, 11:03 PM Reply Like
  • Ronin.
    , contributor
    Comments (1487) | Send Message
     
    "three toed sloth marathons" .... Good one! I just saw one of those races, was about as fun as the tortoise sunbathing...

     

    I shorted FaceBook, Zynga, RIM, and Nokia... only Zynga came out with a loss.
    26 Jun 2012, 11:30 PM Reply Like
  • Ronin.
    , contributor
    Comments (1487) | Send Message
     
    @Galaxy: it looks like BB10 just joined the "three toed sloth marathon"

     

    We're going to need slow motion capture to observe RIM's smartphone race...
    28 Jun 2012, 06:09 PM Reply Like
  • Artimedes
    , contributor
    Comments (-46) | Send Message
     
    Is anyone confused about thes "new" comments that are so familiar sounding? Bored with the other account? I guess I have to add to the list once again.
    26 Jun 2012, 07:49 PM Reply Like
  • Artimedes
    , contributor
    Comments (-46) | Send Message
     
    Major restructuring is not for companies that are on-track. They are for ailing business models, bloated ineffective staff, and those who are losing the competition game. Also, restructurings frequently fail, and they can sometimes handicap the company's strengths as well as weaknesses. Skepticism is warranted, and so is impacts on the stock.
    26 Jun 2012, 07:56 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    No one ever said it would be easy but its BB10 or see you later. With a brutal quarter to report I wonder where those subscriber increases are coming from.
    On your restructuring point, so true but RIM is doing more than that they are creating a brand new product that will be so superior to any BlackBerry ever. Will that be enough? We'll find out later in the year.
    26 Jun 2012, 09:46 PM Reply Like
  • Artimedes
    , contributor
    Comments (-46) | Send Message
     
    There is nothing unreasonable in your last post, their subscriber base is their one bright spot, BB10 is theoretical until it contributes to the bottom line. As much as the iPhone was ridiculed for being a toy full of fart apps...here comes another iPhone mimick, BB10... which is the reason it will be the best BB ever, but it will lack Apple's ecosystem and a fast growing tablet halo.

     

    But, Bedrock, your partner in crime will not change his tune, even if BB10 bombs big time. Absolutely nothing has changed in his tune since RIMM was quadruple what it is now. If BB10 flops, there will only remain the dynamic duo, you two, faithfully defending RIM...
    26 Jun 2012, 10:01 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    If BB10 fails, I'll cash out my position and move on.

     

    You should do some research on the work RIM is doing to have a ecosystem at launch. I don't know if they will be successful but the effort and strategy is impressive.
    26 Jun 2012, 10:22 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8659) | Send Message
     
    Reading all of the pro BB10 comments on this thread tonight is more hilarious than a Chris Rock stand-up routine.

     

    Thanks for the laughs guys!! :)
    28 Jun 2012, 08:43 PM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    Keep laughing, Chris Rock is a vulgar arrogant fool. You'd probably like the three stooges as well.
    29 Jun 2012, 11:34 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8659) | Send Message
     
    Say what you want about Chris Rock but at least he doesn't delay his latest routines until next year. He's also not burning cash and destroying shareholder value.

     

    If you are an American male and don't like the Three Stooges then you are NOT a man!!!
    30 Jun 2012, 12:26 PM Reply Like
  • Losing Paper While Gaining ...
    , contributor
    Comments (497) | Send Message
     
    RIMM$7.36-1.77 (-19.39%)
    29 Jun 2012, 04:41 PM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    Sorry but I couldn't resist,the three stooges would look good with Smart phones.
    30 Jun 2012, 02:30 PM Reply Like
  • Ben Sanderson
    , contributor
    Comments (21) | Send Message
     
    You mean with BB10's. That will be the smartest of the smartphones.
    1 Jul 2012, 02:07 AM Reply Like
  • Ronin.
    , contributor
    Comments (1487) | Send Message
     
    The Three Stooges falling all over themselves, all with BB10s...

     

    Great idea for a commercial...sounds like something I would suggest...call RIM and submit a proposal...
    1 Jul 2012, 02:14 AM Reply Like
  • Odin.
    , contributor
    Comments (79) | Send Message
     
    Hey, maybe red, socks, and logan can play the parts on the commercial?
    1 Jul 2012, 02:18 AM Reply Like
  • neversink
    , contributor
    Comments (48) | Send Message
     
    Why is everyone so upset with Maria Bartoromo.... I don't think she has much credibility left. She blew her credibility when she hitched a ride with Todd Thompson in a Citigroup Executive Jet when she was "reporting" in China. She and Todd blew off the rest of the Citi execs who were supposed to be on that flight.

     

    She blew her credibility with that escapade
    She blew off the other Citi execs...
    What else did she blow off???
    Wonder why Thompson got a divorce shortly afterwards???
    1 Jul 2012, 04:22 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8659) | Send Message
     
    Are you suggesting that Maria and the other female "journalists" slept their way to the top?
    1 Jul 2012, 07:56 PM Reply Like
  • neversink
    , contributor
    Comments (48) | Send Message
     
    No, I only brought up Maria B; not any other journalist.

     

    It does make me wonder how Trisch Regan ended up suddenly at the 3pm hour on Bloomberg. I assume a lot of people tune in during that hour on Bloomberg TV. Sometimes if I watch her (I usually turn her off also) Bloomberg TV starts to sound like CNBC. Full of hype.... Wonder why they hired her....
    2 Jul 2012, 06:48 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector