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[Yahoo Finance] RIM Warns of More BlackBerry Blues

post #1 of 8
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Quote:
BlackBerry maker Research In Motion Ltd. (Nasdaq: RIMM - News) sliced its earnings outlook for the year and said it would start laying off employees, in grim results that suggest its aging smartphone line and delays in introducing new devices are eroding its business faster than anyone expected.

RIM, which has been losing ground to rivals and cutting its financial targets, said it pulled in less revenue and sold fewer BlackBerry phones than expected for the first fiscal quarter ended May 28. It posted the first quarterly drop in BlackBerry sales since 2005.

Source
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post #2 of 8
Palm 2.0?
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post #3 of 8
i am 99% certain that they will be bought out by apple, google, or M$ in the near future. RIM is still dominant for organizations due to the amount of control they have over employee mobile devices with the BES (Blackberry Enterprise Server), something I'm sure google/m$/apple want a piece of.

They lag behind in the consumer market where the only real thing they have going on for them is data compression and BBM.
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post #4 of 8
Thread Starter 
Quote:
Originally Posted by UberN00B;13923936 
i am 99% certain that they will be bought out by apple, google, or M$ in the near future. RIM is still dominant for organizations due to the amount of control they have over employee mobile devices with the BES (Blackberry Enterprise Server), something I'm sure google/m$/apple want a piece of.

They lag behind in the consumer market where the only real thing they have going on for them is data compression and BBM.

I fully agree! They won't be allowed to go under but will drop far enough to make them cheap to pick up!
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post #5 of 8
I hope Google gets RIM if it ever goes on sale. This makes sense because Google can integrate its existing services with BBM servers and produce a real competitor to Apple's iMessage.
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post #6 of 8
I just got my Blackberry in September. I'm sad now.
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post #7 of 8
Quote:
Originally Posted by UberN00B;13923936 
i am 99% certain that they will be bought out by apple, google, or M$ in the near future. RIM is still dominant for organizations due to the amount of control they have over employee mobile devices with the BES (Blackberry Enterprise Server), something I'm sure google/m$/apple want a piece of.

They lag behind in the consumer market where the only real thing they have going on for them is data compression and BBM.

Doubt it.

I also doubt the Canadian government would even allow it.
    
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post #8 of 8
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