RIM Dooms Day..!

Can Research in Motion (RIM) Survive a 2012 Doomsday?


Research in Motion (RIM), which only four years ago was a tech industry darling due to the success of its revolutionary Blackberry smartphone, has now been placed on death watch by many analysts, who believe that the company has been effectively destroyed by Apple. In this year alone, shares have lost over 60% while the company delayed its flagship Blackberry line and launched a poorly conceived and received iPad imitator, the Playbook. Google's purchase of Motorola at a 63% premium has led speculators to buy shares RIM's devastated stock, which currently trade in the high $20s, in hopes that another tech giant will buy out the company at a similar premium. Regular investors, however, should stay clear of RIM, as it currently is showing all signs of an imminent implosion.

http://www.investorguide.com/

BB Phenomenon..

BlackBerry was widely misused by people.. The free Messenger had attracted lots to use.. Empolyees, Colleagues, Lovers, Teens, and even Criminals were instantly chatting beyond control.. I personally had seen this happening in GCC, India, Egypt and Malaysia.. In free time, and during formal meetings..!!
Despite the few applications, poor camera, and limited compatibility; its linguistic and friendly interface were marvelous.. Research in Motion (the server operator) insisted on their unconstrained control despite security threats in Tmes of Terror.. Abuse and misuse had come into houses and families.. restructuring their communications and relationships.. There are many legitimated reasons to stand against its phenomenon, where teens in GCC are extensively using BB more than the executives; whom the technology was meant to support.. Is it an underdeveloped or a global problem..? However, it is a BB Phenomenon..!
I shall not wonder if RIM and TRA come to a sort of understanding.. RIM will not afford losing such attractive market, and TRA understands the challenges associated with leading formal actions along the GCC.. I think they will meet some where..!

Anyway, it is a classic example on how Governments view, role and control.. Freedom in implementation is very limited, and very controlled as well..!!
Thankfully, I had given up mine couple of months ago..!!

News: Saudi Arabia's telecoms regulator has ordered local operators to freeze the Messenger function for Blackberry users this month, just hours after the UAE said it was suspending BlackBerry services in the country from October.

Arabian Business: The device’s popularity quickly helped BlackBerry’s Canadian owner, Research In Motion (RIM), carve out a niche for itself; it now accounts for nearly a fifth of the global smartphone market and has secured nearly half a m...illion users in the UAE alone. Nearly half of the 45 million BlackBerry users worldwide regularly use the BlackBerry Messenger service, a free user-to-user instant text service. RIM had previously taken the lead over its international rivals and in the second quarter of the year it shipped 11.2 million BlackBerry smartphones, compared to the 8.4 million iPhones sold by its California-based rival. This helped the Canadian technology giant to increase its revenue for the second quarter of the year by 24 percent to $4.45bn. However, these results were below analysts’ estimations and Forbes has already forecast that Apple's iPhone will overtake RIM’s BlackBerry in the global smartphone market by 2011. Already Apple stated that around 80 percent of the Fortune 100 companies were testing usage of its iPhone.