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

OS X Yosemite 10.10.2 - Apple's lat...
OS X Yosemite is Apple's newest operating system for Mac. An elegant design that feels entirely fresh, yet inherently familiar. The apps you use every day, enhanced with new features. And a... Read more
Apple iOS 8.1.3 - The latest version of...
The latest version of iOS can be downloaded through iTunes. Apple iOS 8 comes with big updates to apps you use every day, like Messages and Photos. A whole new way to share content with your family.... Read more
SpamSieve 2.9.19 - Robust spam filter fo...
SpamSieve is a robust spam filter for major email clients that uses powerful Bayesian spam filtering. SpamSieve understands what your spam looks like in order to block it all, but also learns what... Read more
RapidWeaver 6.0.5 - Create template-base...
RapidWeaver is a next-generation Web design application to help you easily create professional-looking Web sites in minutes. No knowledge of complex code is required, RapidWeaver will take care of... Read more
Duet 1.2.2 - Use your iPad as an externa...
Duet is the first app that allows you to use your iDevice as an extra display for your Mac using the Lightning or 30-pin cable. Note: This app requires a $14.99 iOS companion app. Version 1.2.2:... Read more
Alfred 2.6 - Quick launcher for apps and...
Alfred is an award-winning productivity application for OS X. Alfred saves you time when you search for files online or on your Mac. Be more productive with hotkeys, keywords, and file actions at... Read more
1Password 5.1 - Powerful password manage...
1Password is a password manager that uniquely brings you both security and convenience. It is the only program that provides anti-phishing protection and goes beyond password management by adding Web... Read more
GarageSale 6.9.2 - Create outstanding eB...
GarageSale is a slick, full-featured client application for the eBay online auction system. Create and manage your auctions with ease. With GarageSale, you can create, edit, track, and manage... Read more
calibre 2.17 - Complete e-library manage...
Calibre is a complete e-book library manager. Organize your collection, convert your books to multiple formats, and sync with all of your devices. Let Calibre be your multi-tasking digital librarian... Read more
OmniGraffle Pro 6.1.2 - Create diagrams,...
OmniGraffle Pro helps you draw beautiful diagrams, family trees, flow charts, org charts, layouts, and (mathematically speaking) any other directed or non-directed graphs. We've had people use... Read more

New WOTA: U-Boat Compass ‘Wets’ Your App...
New WOTA: U-Boat Compass ‘Wets’ Your Appetite for WOTA: Wolves of the Atlantic. Posted by Jessica Fisher on January 27th, 2015 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Warship Solitaire Review
Warship Solitaire Review By Nadia Oxford on January 27th, 2015 Our Rating: :: A WAR OF NUMBERSUniversal App - Designed for iPhone and iPad Warship Solitaire might lack frills and looks, but it offers some thought provoking... | Read more »
Keep Track of Your Hectic Work Schedule...
Keep Track of Your Hectic Work Schedule With Shifts Posted by Jessica Fisher on January 27th, 2015 [ permalink ] iPhone App - Designed for the iPhone, compatible with the iPad | Read more »
All Star Quarterback Review
All Star Quarterback Review By Campbell Bird on January 27th, 2015 Our Rating: :: PLAY YOUR PARTUniversal App - Designed for iPhone and iPad Train your way to the Super Bowl in this free-to-play sports management game.   | Read more »
Sentinel 4: Dark Star Adds New Campaign...
Sentinel 4: Dark Star Adds New Campaign and More Posted by Ellis Spice on January 27th, 2015 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Wheel & Deal Review
Wheel & Deal Review By Tre Lawrence on January 27th, 2015 Our Rating: :: SIMPLE FUNUniversal App - Designed for iPhone and iPad A simple arcade shooter that has a retro feel.   | Read more »
Join the NAVY in a Big New Update for WW...
Join the NAVY in a Big New Update for WW2: Sandbox. Strategy & Tactics Posted by Jessica Fisher on January 27th, 2015 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Earthworm Alchemy Review
Earthworm Alchemy Review By Campbell Bird on January 27th, 2015 Our Rating: :: FEED THE WORMUniversal App - Designed for iPhone and iPad Feed this funny looking worm and dodge bombs in this charming, free-to-play arcade game.   | Read more »
Graphic Novel App netwars – The Butterfl...
Graphic Novel App netwars – The Butterfly Attack has Received Some New Episodes Posted by Jessica Fisher on January 27th, 2015 [ permalink ] | Read more »
DataVault Password Manager Review
DataVault Password Manager Review By Jennifer Allen on January 27th, 2015 Our Rating: :: SECURE DATA STORAGEUniversal App - Designed for iPhone and iPad Store your passwords and other sensitive information safely, thanks to... | Read more »

Price Scanner via MacPrices.net

Apple Releases New Tranche Of OS Updates For...
Apple has released incremental bugfix and security updates for its most recent Mac and iOS versions. OS X Yosemite 10.10.2 Update Apple says this update includes the following improvements: Resolves... Read more
Samsung To Be Main Supplier Of A9 Chips For i...
Korea’s Maeil Business Newspaper reports that Samsung has beat out its chipmaking rivals, Taiwan’s Qualcomm and TSMC, as supplier of chipsets for the next generations of both its own Galaxy S6 and... Read more
Save up to $340 on iMacs with Apple Certified...
The Apple Store has Apple Certified Refurbished iMacs available for up to $340 off the cost of new models. Apple’s one-year warranty is standard, and shipping is free. These are the best prices on... Read more
AppleCare Protection Plans on sale for up to...
B&H Photo has 3-Year AppleCare Warranties on sale for up to $105 off MSRP including free shipping plus NY sales tax only: - Mac Laptops 15″ and Above: $244 $105 off MSRP - Mac Laptops 13″ and... Read more
Apple refurbished Time Capsules available sta...
The Apple Store has certified refurbished Time Capsules available for up to $60 off MSRP. Apple’s one-year warranty is included with each Time Capsule, and shipping is free: - 2TB Time Capsule: $255... Read more
3TB AirPort Time Capsule on sale for $349, $5...
B&H Photo has 3TB AirPort Time Capsules on sale for $349 including free shipping plus NY sales tax only. Their price is $50 off MSRP, and it’s the lowest price available for this model (except... Read more
16GB iPad Air 2 on sale for $446, save $53
Walmart has 16GB WiFi iPad Air 2s on sale for $53 off MSRP on their online store. Choose free shipping or free local store pickup (if available). Sale prices available for online orders only, in-... Read more
Save up to $300 on a new Mac, $30 on an iPad,...
Purchase a new Mac or iPad at The Apple Store for Education and take up to $300 off MSRP. All teachers, students, and staff of any educational institution qualify for the discount. Shipping is free,... Read more
MasterCard Brings Contactless Payment, Apple...
MasterCard, the official card of the Waste Management Phoenix Open, and the PGA TOUR are bringing the latest payment technology to the spectator experience with the introduction of contactless... Read more
Petitioning Dropbox For Mac OS X 10.4 and 10....
Last week Dropbox announced to its users that app support for Mac OS X 10.4 and 10.5 will end May 18 — disappointing news for those of us who are still getting useful service out of older PPC Macs... Read more

Jobs Board

*Apple* Solutions Consultant - Retail Sales...
As an ambassador of the Apple brand, the ASC is accountable for driving sales performance by: Connecting with customers. Discovering customers' needs and values. Showing Read more
*Apple* Tree Children's Center is hirin...
Apple Tree Learning Center is Hiring Preschool Teachers! Phoenix Childrens Academy is a national leader in the early childhood education industry and we are currently Read more
*Apple* Solutions Consultant - Retail Sales...
**Job Summary** As an Apple Solutions Consultant (ASC) you are the link between our customers and our products. Your role is to drive the Apple business in a retail Read more
*Apple* Solutions Consultant - Retail Sales...
As an ambassador of the Apple brand, the ASC is accountable for driving sales performance by: Connecting with customers. Discovering customers' needs and values. Showing Read more
*Apple* Solutions Consultant- Retail Sales -...
**Job Summary** The ASC is an Apple employee who serves as an Apple brand ambassador and influencer in a Resellers store. The ASCs role is to grow Apple product Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.