"I'm positive we will emerge successful," he said. Well he would, wouldn't he?
Al least he hasn't done an Elop, and told the world that the ship is going down, frightening off any prospective buyers that there might be.
RIM CEO Thorsten Heins has insisted that the troubled phone maker is not in "a death spiral" and will emerge successfully from its current travails. In a radio interview with the Canadian broadcaster CBC, Heins expressed disappointment with the recent delay to the launch of BlackBerry 10 operating system. But he claimed the …
It's not like we really expected him to be quoted saying something like
Holy Frijoles! We sat on our arses while the market moved beyond crackberries, and we didn't really seem to plan for this. What was that minimum bonus level in my contract?
But it would be more convincing if he could add something other than
The next version of our OS will fix everything and make everybody love us again and buy our kit.
"Over the past three months, RIM has sold 7.8 million handsets – to put that in perspective, Google last week reported a million new Android activations every day."
So Android is outselling RIM by 10-1...... And how many manufacturers are there making Android phones?
I'm not saying that RIM aren't screwed - but they aren't doing that bad either.
7.8 over 3 months - lets say 90 days
compared to 1million a day is 11.53 odd to 1.
Now thats comparing sales to activations and alot could be resales so you may be more on the ball with 10-1
Either way it aint bad, though the stock market is no longer based upon results or products but perception more and more. Sadly that perception is how can they not fail.
Maybe they should of stuck to making phones in Canada and not over expanding there production plants and there model range. Reliability and robustness has not improved over time for them and they had a great reputation for robust handsets at one time.
I still think the extra delay added to there new platform release which has already been delayed is not going to help as they already made the phones ready for it. Not a great situation and they are at the share level that makes them ripe for asset stripping, however it is done these days.
Nortel, Corel, .......RIM! Sad trend, but it is clearly a trend.
Corel is still bumbling along as far as I can see, but the Nortel story is one that RIM nearly needs to take heed of. Nortel was always going to die, it was just a question of *when*.. however the senior staff decided to fiddle the figures to give themselves bonuses which hastened its demise somewhat.
Luckily for Canada they still have a decent energy, banking and engineering sector. If RIM dies it won't crater the Canadian economy in the same way that Nortel did.
I can't see how a loss of $518 million can be anything but bad. At the rate they are burning cash they will be broke in 15 months tops. I don't expect to ever see a Blackberry 10 phone but then I don't expect RIM to go broke. This time next year RIM are in software and services or they're dead. They just don't have the time and money to play catch up.
Cos iPhone is only on version 5 and Android is only version 4, so blackberry 10 will be twice as good.
Remember the most important thing to teenage smartphone users is the heritage of the multitasking kernel in the core of the OS - all twilight fans ever talk about is whether the Linux or BSD derived models could be better than QNX's RTOS heritage.
Ive worked with RIM tech and the people who navel gazed RIM tech.
Back in 08 RIM was *the* solution and Android was just coming out.
I recall meetings in which some of us pointed out that Android was going to be huge and how we should move our solution onto it and away from RIM. Why? Because BB development was as mcuh fun as nailing jelly to a tree, it had a god-awful centralised app security bureaucracy and a Microsoft-or-nothing up-its-own-arse server back end philosophy.
Needless to say, the suits overruled us, because - well, because the suits all had BBs and loved poncing round the golf course showing them off. Meanwhile all us techs (and everyone else it seems) were busily buying Androids and writing Android code in our spare time.
The rest, as they say, is history.