The Future of BlackBerry - Page 3 - Canadian TV, Computing and Home Theatre Forums

Reply
 
LinkBack Thread Tools Search this Thread Display Modes

post #31 of 1156 (permalink) Old 2012-04-02, 04:25 PM
 
Join Date: Apr 2009
Posts: 518
Building 23 has had its sign removed and seems vacant, as well as another building right by the university had its sign removed. Is this an indication of the future for RIM?
Simonizer is offline  
Sponsored Links
Advertisement
 
post #32 of 1156 (permalink) Old 2012-05-30, 05:22 PM
Veteran
 
Join Date: Jun 2007
Location: /dev/null
Posts: 3,007
Quote:
Originally Posted by 99semaj View Post
When it gets down to $49 I'll pick one up to try and help me stomach OS7 on the Bold 9900.
Looks like I might have my chance shortly....Bloomberg is reporting that RIM is sitting on over a billion dollars of unsold phones and Playbooks which accounting rules will require them to blow out again. Given that they are exploring an end-game for the company, they will be even more aggressive in converting the boat anchors into cash.

Last edited by 99semaj; 2012-05-30 at 11:07 PM.
99semaj is offline  
post #33 of 1156 (permalink) Old 2012-05-30, 05:36 PM
 
Join Date: May 2007
Location: GTA
Posts: 217
Koodo has a good deal on Blackberry phones ending tomorrow $50 off price + $50 visa gift card and 3 months of Blackberry lite data (100 meg) totaling $145 in savings. I was thinking of getting a Curve 9360 to go with my Playbook (Excellent combination for my needs) but maybe I should hold off for a bigger sale to come?
okmrbh is offline  
post #34 of 1156 (permalink) Old 2012-05-30, 08:50 PM
Veteran
 
Join Date: Feb 2006
Location: Toronto, Rogers Cable, Cisco 8642HD PVR
Posts: 2,354
It's important to note that RIM hired JP Morgan after their year end results were released, this was when Heins took over. This is not something recent.

Sharp AQUOS Quattron LC-70LE732U + Cisco 9865HD | Panasonic TC-P42U1 1080p + Cisco 4642HD | BlackBerry Z10 / PlayBook
shabbs is offline  
post #35 of 1156 (permalink) Old 2012-05-31, 01:22 AM
Moderator
 
Join Date: Jun 2009
Location: Toronto
Posts: 3,708
Quote:
Originally Posted by 99semaj View Post
Given that they are exploring an end-game for the company
I think that's being a bit over-dramatic. Selling the company in pieces is one possibility, but only one of many, and I doubt they're willing to go that far just yet.

Rules of the Forum | DHC Help Desk
DHC now supports Tapatalk for mobile devices!
TorontoColin is online now  
post #36 of 1156 (permalink) Old 2012-05-31, 04:06 AM Thread Starter
Veteran
 
Join Date: Dec 2006
Location: Calgary AB
Posts: 3,657
To me, this doesn't seen unexpected. Until BB10 phones come out, there isn't much positive news that is going to come out of RIM. Despite all the "doom and gloom" stories being posted, the company can survive long enough to get BB10 devices out (assuming they are still aiming for a Fall 2012 schedule). Yes, investors are leery (as they have a right to be), but saying that RIM is looking for an end-game solution is not quite true. If BB10 flops, then they'll definitely be in trouble.

I still have faith in that BB10 will help alleviate some of the burden RIM is dealing with now. Of course, they are in a situation where potential consumers for BlackBerrys are hesitant to purchase now because they know BB10 is just around the corner. I don't think there's much they can do in the short-term to ease investors' concerns, and until we have an actual launch date for BB10, we aren't likely to see a lot of positive news about the company.
BGY11 is offline  
post #37 of 1156 (permalink) Old 2012-05-31, 08:33 AM
Veteran
 
Join Date: Jun 2007
Location: /dev/null
Posts: 3,007
Oh , but you're thinking like a customer and not like an executive of a publicly traded company. The reality is that they owe investors billions of dollars of squandered value and they have to make good on it. Sadly, the new operating system is 99% a me-too product. This means that they will not gain share, they will only be able to maintain what little share they have left.

Whether we like it or not, this is the way it works. These are truly the end days for a once great company.
99semaj is offline  
post #38 of 1156 (permalink) Old 2012-05-31, 10:12 AM
Veteran
 
Join Date: May 2006
Location: Calgary
Posts: 1,680
To me it is absolutely shocking how slowly this Board is moving. I agree that RIM as we know it is dead in the water. It will be split up into handsets and software/BBM stuff.
rsambuca is offline  
post #39 of 1156 (permalink) Old 2012-05-31, 11:11 AM
 
Join Date: May 2012
Location: Vancouver
Posts: 140
RIM was a stock I would short more than most Canadian firms because for years I've felt this end was inevitable with the advent of other smart phones and reliable email delivery to smart phone devices using commodity email services - thus taking away much of RIM's differentiation. The idea was right; sometimes my execution on this wasn't so good.

For a long while I've thought they should have adopted Android and ported their RIM specific stuff to that platform. Maybe then they could have partnered with or been bought by Google rather than Motorola's phone division.
tandem is offline  
post #40 of 1156 (permalink) Old 2012-05-31, 11:27 AM
Veteran
 
Join Date: Jun 2007
Location: /dev/null
Posts: 3,007
Thumbs up

Tandem, you are spot on. They should have recognized that operating systems are not their core competency, and should have adopted a buy versus make strategy. That would've enabled them to have built on and protected their core differentiation, that being backend integration and corporate communications.

Instead, they blew their brains out trying to do everything and now they don't have enough cash to protect their base. At the end of the day, it comes down to arrogance and inability to execute. The board of directors and senior leadership was incompetent to not recognize this sooner, and the governance structure was completely unable to stop it.

I hate to see a Canadian success story go down in flames, but this company deserves to die painfully.
99semaj is offline  
post #41 of 1156 (permalink) Old 2012-05-31, 04:45 PM
 
Join Date: May 2007
Location: GTA
Posts: 217
Quote:
I hate to see a Canadian success story go down in flames, but this company deserves to die painfully.
That's a little harsh don't you think? I'd save the slow painful death watch to cigarette companies and arms dealers myself...
okmrbh is offline  
post #42 of 1156 (permalink) Old 2012-06-01, 12:20 AM
Veteran
 
Join Date: Jun 2007
Location: /dev/null
Posts: 3,007
Quote:
Originally Posted by okmrbh View Post
That's a little harsh don't you think? I'd save the slow painful death watch to cigarette companies and arms dealers myself...
Well, as someone licensed under the US International Traffickers of Arms Regulations (aerospace), I hold arms dealers in somewhat higher esteem than those that squander billions of dollars belonging to share owners.

Last edited by 99semaj; 2012-06-01 at 10:49 AM. Reason: Changed "bilked" to "squandered"
99semaj is offline  
post #43 of 1156 (permalink) Old 2012-06-01, 09:18 AM
Veteran
 
Join Date: Nov 2004
Location: North York
Posts: 1,870
They screwed up their execution but how did they "bilk investors of billions"?
NeilN is offline  
post #44 of 1156 (permalink) Old 2012-06-01, 09:26 AM
Veteran
 
Join Date: Feb 2006
Location: Toronto, Rogers Cable, Cisco 8642HD PVR
Posts: 2,354
Quote:
Originally Posted by NeilN View Post
They screwed up their execution but how did they "bilk investors of billions"?
I have a feeling his answer involves their stock price and the SEC.

Sharp AQUOS Quattron LC-70LE732U + Cisco 9865HD | Panasonic TC-P42U1 1080p + Cisco 4642HD | BlackBerry Z10 / PlayBook
shabbs is offline  
post #45 of 1156 (permalink) Old 2012-06-01, 11:05 AM
Veteran
 
Join Date: Jun 2007
Location: /dev/null
Posts: 3,007
Improved the wording by saying squandered instead of bilked.

It's more than just a failure to execute IMHO...I could respect it if they tried something brave and failed, but there seems to be a huge measure of ego and arrogance in this case, compounded with a governance structure unable to stop it.
99semaj is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Canadian TV, Computing and Home Theatre Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools Search this Thread
Show Printable Version Show Printable Version
Email this Page Email this Page
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome