The New York Times -- on top of the news, as always -- piles on Research in Motion (RIMM) this weekend, noting that the company, after irritating employees, customers, and suppliers, has moved on to irritating the developers who make apps for its products.
As I wrote last month, RIM should be a dead stock for value investors until the co-CEO's Balsillie and Lazaridis are gone. The money quote from the NYT piece:
It would appear that RIM is trying to drive everyone away, and it would appear that they are succeeding.Jamie Murai, a co-founder of Maide, a small apps developer, provoked widespread online discussion earlier this year by posting an open letter to RIM about the shortcomings of its application development process for the PlayBook. “I can only assume that you are trying to drive developers away by inconveniencing them as much as humanly possible,” wrote Mr. Murai, who lives in Waterloo, Ontario, where RIM is based.