Update: Morgan Stanley on 6/25/12 confirms my premise that RIM is Essentially Broken:
Update: Yahoo shuns Blackberry from Fun Smartphones for all employees:
In a bold move reportedly instigated by new CEO Marissa Mayer, aging web giant Yahoo plans to outfit every one of its US employees with a new iOS, Android, or Windows Phone 8 device. According to an internal memo published by Business Insider on Saturday, the company is offering workers a choice between Apple’s iPhone 5, the Samsung Galaxy S III, the HTC One X, the HTC Evo 4G LTE, and Nokia’s Lumia 920, with all bills taken care of. Yahoo is also discontinuing IT support for BlackBerry devices, seeking to move away from RIM’s enterprise-focused platform.
“We believe the only way RIM remains a viable entity is at a fraction of its current size, a transformation that erases much of its earnings power,” the analysts wrote. “The next 9 months likely see rapidly deteriorating fundamentals on the one hand offset by stories of potential strategic options on the other.”
Indeed, there was more unconfirmed deal speculation just this weekend, as The Sunday Times reported the BlackBerry maker was considering selling its handset-making unit or a stake in the company.
What I don’t get is why the Government just made it the standard handset. Are they that out of touch?
Update: RIM at a new low, sort of proving the following is on track. Executives are now bailing.
Now they are laying off people. I’ll be quoting them along with Palm, OS/2, Token Ring and other technologies that used to be.
Original story starts here.
Rarely do I write about the technology that I replaced because I’m usually so excited about the replacement. In this case I’ll make an exception. I already wrote about my new phone, but as much as I wanted the new phone, getting rid of my blackberry was more important. Rob Enderle reminded me of this in his tech trends blog.
At a Lotusphere show not too long ago, we did an announcement with RIM and Notes (it was an announcement of a product we were going to release at a later date). Not only was I underwhelmed by the product, the hardware and software technology from RIM was as cool as mud huts compared to new construction. On top of this, when I offered to help the RIM executives for gratis on very obvious marketing oversights, they had an attitude that belied the fact that they already had iPhone daggers fatally in their hearts and didn’t even know it. It now looks like it’s going to cost them their jobs. I was treated as if I was dust (I’m being nice to them) by their executives. Notes was almost impossible to use on a blackberry at first. It was a D- at best.
Update: Now I know he should have listened to me instead of being so arrogant. I could have helped them….and I’m not trying to be conceited, but I knew what was going on much more than the leader of RIM.
I knew then that not only was RIM in trouble as a company, I disliked the blackberry as a piece of technology almost more than any I’ve had in 30 years (I’ve had more than most in the last 30 years). I saw the crackberry addiction it caused in some folks which I didn’t like. I also saw that if you had a blackberry (before iPhone days), you just signed up for a 24/7 availability.
The first one I got for free, and promptly got rid of in a month as it was more trouble than it was worth. The last one I’ll ever have is because my then company had me get one when I wanted a real phone/data device instead.
My problem is solved. Too bad about RIM…their once leadership position is now only a memory with recent market share decline.
It looks like I’m not the only one who believes they are in trouble. Their Board is not helping out either.
Sales figures show the same decline. It was not even nice knowing you.
So throw the Blackberry on the technology rubbish pile along with the Palm, OS/2, Token Ring, Newton and a host of others. There, now they are on the way to being a good product back when Britney Spears was hot.