Greg's Bite: RIM Crashes and Hits the Wall
TweetFollow Us on Twitter

Greg's Bite: RIM Crashes and Hits the Wall

Posted by Greg Mills

RIM's server network has crashed and is currently out of service in much of the world. It is unknown how long RIM phones and devices will be out of service. RIM runs its phones through a unique system that encrypts data for security reasons and thus there might be some complications with that. Only RIM devices are affected.

As the news of the RIM service disruption are in the tech news, another interesting statistic has just come out. News reports are that Apple sold 200,000 iPhone 4s units in the first 12 hours they were available online, as pre-orders. Actually, that has been revised today to at least 1,000,000 iPhone 4s sold in the first 24 hours.

To put that in perspective, RIM sold into the retail channel 200,000 PlayBooks in the first quarter they were on the market. That is not sold retail to consumers, as is the one million Apple iPhones, it is 200,000 PlayBooks sold wholesale to stores. While RIM tablet computers and iPhones are not the same thing, the actual undiscounted cost of the two devices were the about same when RIM first launched PlayBook. PlayBook is being deeply discounted at major retailers like Best Buy and rumors are that it may be discontinued soon. That really hurts sales. Who wants to buy into a discontinued platform. Anybody want to buy a slightly used HD-DVD player?

Consistent rumors are that there is a furious "conversation" going on in the Canadian headquarters of RIM regarding just pulling the plug on PlayBook all together. The slow sales and serious cost of supporting the devices and writing more software for the platform, as promised, for the laggard tablet is dragging the company down in both moral and financially. All the recent RIM smartphones models are also slow selling. If RIM fails to provide promised PlayBook software, they might have a class action law suit on their hands and furious customers wanting all their money back.

It is a fact of life that at the end of profitability in cell phone related business, the patent portfolio ends up the most valuable asset. Some large changes are likely in the sort term for RIM. Stockholders are not happy campers regarding RIM upper management.

The all time high for RIM was in the summer of 2008, when it hit $US 144.50. RIM is trading now at about $US 23. The all time low for RIM stock is around $US 20. RIM's market cap is about 12.5 Billion US Dollars. I see RIM as a potential takeover target in the fast moving cellular market. That is Greg's Bite

 

Community Search:
MacTech Search:

Software Updates via MacUpdate

The beginner's guide to Warbits
Warbits is a turn-based strategy that's clearly inspired by Nintendo's Advance Wars series. Since turn-based strategy games can be kind of tricky to dive into, see below for a few tips to help you in the beginning. Positioning is crucial [Read... | Read more »
How to upgrade your character in Spellsp...
So you’ve mastered the basics of Spellspire. By which I mean you’ve realised it’s all about spelling things in a spire. What next? Well you’re going to need to figure out how to toughen up your character. It’s all well and good being able to spell... | Read more »
5 slither.io mash-ups we'd love to...
If there's one thing that slither.io has proved, it's that the addictive gameplay of Agar.io can be transplanted onto basically anything and it will still be good fun. It wouldn't be surprising if we saw other developers jumping on the bandwagon,... | Read more »
How to navigate the terrain in Sky Charm...
Sky Charms is a whimsical match-'em up adventure that uses creative level design to really ramp up the difficulty. [Read more] | Read more »
Victorious Knight (Games)
Victorious Knight 1.3 Device: iOS Universal Category: Games Price: $1.99, Version: 1.3 (iTunes) Description: New challenges awaits you! Experience fresh RPG experience with a unique combat mechanic, packed with high quality 3D... | Read more »
Agent Gumball - Roguelike Spy Game (Gam...
Agent Gumball - Roguelike Spy Game 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: Someone’s been spying on Gumball. What the what?! Two can play at that game! GO UNDERCOVERSneak past enemy... | Read more »
Runaway Toad (Games)
Runaway Toad 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: It ain’t easy bein’ green! Tap, hold, and swipe to help Toad hop to safety in this gorgeous new action game from the creators of... | Read more »
PsyCard (Games)
PsyCard 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: From the makers och Card City Nights, Progress To 100 and Ittle Dew PSYCARD is a minesweeper-like game set in a cozy cyberpunk... | Read more »
Sago Mini Robot Party (Education)
Sago Mini Robot Party 1.0 Device: iOS Universal Category: Education Price: $2.99, Version: 1.0 (iTunes) Description: -- Children's Technology Review Editor's Choice -- | Read more »
How to get a high score in every level o...
Sky Charms is an adorable match three puzzler that provides a decent challenge thanks to its creative level design. It regularly presents something new, forcing you to think on your feet. [Read more] | Read more »

Price Scanner via MacPrices.net

Apple restocks Certified Refurbished Mac mini...
Apple has restocked Certified Refurbished 2014 Mac minis, with models available starting at $419. Apple’s one-year warranty is included with each mini, and shipping is free: - 1.4GHz Mac mini: $419 $... Read more
15-inch 2.2GHz Retina MacBook Pro on sale for...
Amazon.com has the 15″ 2.2GHz Retina MacBook Pro on sale for $1699.99 including free shipping. Their price is $300 off MSRP, and it’s the lowest price available for this model from any reseller (and... Read more
Apple Beats Microsoft at Own Game; Amazon Pri...
First quarter seasonality combined with an overall disinterested customer base led to an annual decline of 14.7% in worldwide tablet shipments during the first quarter of 2016 (1Q16). Worldwide... Read more
Tablets Had Worst Quarter Since 2012, says St...
The global tablet market began 2016 just as 2015 left off, down. Tablet shipments fell 10% to 46.5 million units during the Q1 2016, according to the new “Preliminary Global Tablet Shipments and... Read more
Clearance 13-inch MacBook Airs, Apple refurbi...
Apple recently dropped prices on certified refurbished 2015 13″ MacBook Airs with 4GB of RAM with models now available starting at $759. An Apple one-year warranty is included with each MacBook, and... Read more
Clearance 12-inch Retina MacBooks, Apple refu...
Apple has dropped prices on Certified Refurbished 2015 12″ Retina MacBooks with models now available starting at $929. Apple will include a standard one-year warranty with each MacBook, and shipping... Read more
Aleratec Releases Mac Software Upgrade for 1...
California based Aleratec Inc., designer, developer and manufacturer of Portable Device Management (PDM) charge/sync products for mobile devices and professional-grade duplicators for hard disk... Read more
Sale! Amazon offers 27-inch iMac, 13-inch 2.9...
Amazon has the 27″ 3.2GHz 5K iMac and the 13″ 3.9GHz Retina MacBook Pro on sale for $300 off MSRP, each including free shipping, for a limited time: - 27″ 3.2GHz/1TB HD 5K iMac (model MK462LL/A): $... Read more
Apple refurbished 13-inch Retina MacBook Pros...
Apple has Certified Refurbished 13″ Retina MacBook Pros available for up to $270 off the cost of new models. An Apple one-year warranty is included with each model, and shipping is free: - 13″ 2.7GHz... Read more
13-inch 2.7GHz/128GB Retina MacBook Pro on sa...
Take $200 off MSRP on the price of a new 13″ 2.7GHz/128GB Retina MacBook Pro (model MF839LL/A) at Amazon. Shipping is free: - 13″ 2.7GHz/128GB Retina MacBook Pro: $1099.99 $200 off MSRP Act now if... Read more

Jobs Board

Restaurant Manager (Neighborhood Captain) - A...
…in every aspect of daily operation. WHY YOU'LL LIKE IT: You'll be the Big Apple . You'll solve problems. You'll get to show your ability to handle the stress and Read more
Automotive Sales Consultant - Apple Ford Linc...
…you. The best candidates are smart, technologically savvy and are customer focused. Apple Ford Lincoln Apple Valley is different, because: $30,000 annual salary Read more
*Apple* Retail - Multiple Positions - Apple,...
Job Description: Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, Read more
*Apple* Solutions Consultant - Apple (United...
# Apple Solutions Consultant Job Number: 48260200 Phoenix, Arizona, United States Posted: Apr. 22, 2016 Weekly Hours: 40.00 **Job Summary** As an Apple Solutions Read more
Restaurant Manager (Neighborhood Captain) - A...
…in every aspect of daily operation. WHY YOU'LL LIKE IT: You'll be the Big Apple . You'll solve problems. You'll get to show your ability to handle the stress and Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.