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Print 35 comment(s) - last by retrospooty.. on Sep 19 at 12:40 PM

RIM's outlook isn't looking too good these days

RIM is falling rapidly in popularity with consumers all around the world leaving the business-centric smartphones behind as consumers move in droves to Android-based smartphones and the iPhone. RIM is hurting so badly that some have called for the company to sell off all the IP it holds in an effort to get investors some measure of return on their money.

RIM is set to 
report earnings and revenue that are down significantly compared to previous quarters. The company did put several new smartphones on the market, but those phones came too late in the quarter and will have no real impact on the upcoming financial report.

Investors had been warned about the poor showing for the quarter.

Reuters reports that rather than focusing on how bad the previous quarter was, investors will be looking ahead to RIM's predictions that next quarter will look better. RIM launched updated version of the Bold, Torch, and Curve smartphones and the company thinks those devices will help its efforts in the maintaining market share.

Analyst Ed Snyder from Charter Equity said, "Even if a viable product surfaces, gaining ground against entrenched iPhone and Android platforms won't be easy." Snyder also said, "…they [enterprise customers] won't be enough to offset a dying handset business."

The outlook for RIM’s PlayBook also doesn’t look to bright. The main drawback is that the tablet can’t email seamlessly and doesn't yet have the Android app capability RIM promised. Analysts think that about 600,000 PlayBooks have shipped in about three months and under 12 million Blackberry smartphones making for the second straight quarter of decline. Shipments are expected to rise to over 14 million in the current quarter.


Updated @ 5:34pm EST

RIM has officially released its earnings for Q2, and investors aren't impressed. The company reported revenue of $4.17 billion (RIM had forecast $4.2 billion to $4.5 billion), while it reported net income of $329 million for the quarter.

Speaking of missing estimates, the company only shipped 10.6 million BlackBerry smartphones when it had originally forecast 11 million to 12.5 million BlackBerry shipments. Likewise, RIM shipped 200,000 PlayBooks compared to 500,000 in the previous quarter.



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Lack of competitive hardware
By JasonMick (blog) on 9/15/2011 5:01:17 PM , Rating: 2
Not surprising... the PlayBook is decent, but beyond that RIM has no phones or other devices with competitive hardware to Android/iPhone. That will change in October when multiple carriers release the BlackBerry Torch 9850/9860, phones which finally feature decent smart phone hardware...

I wouldn't be surprised if sales indeed jump as a result.

Granted, some business users will still purchase the inferior hardware for the industry leading enterprise services, but the numbers seem to indicate that less people are making that choice and more people are opting for a "fun" device...




RE: Lack of competitive hardware
By jones1980 on 9/15/2011 11:15:00 PM , Rating: 2
I guess net income of $329 million makes them a failure... they should just declare bankruptcy now. And depending what country you live in you can already get their new lineup.


RE: Lack of competitive hardware
By Taft12 on 9/16/2011 9:46:26 AM , Rating: 2
If you aren't growing, you're dying.


RE: Lack of competitive hardware
By Pirks on 9/16/2011 9:52:58 AM , Rating: 1
Just like Apple in the 90s


RE: Lack of competitive hardware
By jordanclock on 9/15/2011 11:49:40 PM , Rating: 2
What features are left that enterprise users really need? I was under the impression that everything BB could do, iOS and Android could do as well, if not better.


RE: Lack of competitive hardware
By retrospooty on 9/16/2011 8:39:36 AM , Rating: 2
The only thing is Blackberry email service... Which is misleading to call it "leading" because it provides email, calender and contact sync using a server software component and RIM's service for $20 per user per month. On hte other side, MS gives you email, calender and contact sync for free without the need for additional software or service - so less money up front, less monthly and less potential points of failure. So, RIMM offers nothing, and that is why they are fading fast.


RE: Lack of competitive hardware
By Pirks on 9/16/2011 8:59:14 AM , Rating: 2
quote:
RIMM offers nothing, and that is why they are fading fast
http://www.techatplay.com/?p=482 <<== Compared to Windows Mobile the BlackBerry method represents the most battery and data efficient method for push email.

This is why RIMM offers something and this is why no one should listen to clueless anti-RIM trolls like you and Mick.


RE: Lack of competitive hardware
By Pirks on 9/16/2011 8:45:10 AM , Rating: 2
quote:
That will change in October when multiple carriers release the BlackBerry Torch 9850/9860, phones which finally feature decent smart phone hardware
Just correcting Mick here who never knows sh1t about what RIM does: there are four major new phones, not one, as Mick keeps lying. Three high end ones - full screen multitouch Torch 9850/60, and the other two high end models that Mick conveniently "forgets" about are slider Torch 9810, and the classic candy bar style Bold 9900/30. The fourth is Curve which is low end model, kind of scaled down smaller Bold 99xx, candy bar style.

Also Mick "forgets" about the fact that these phones were available starting from late August, I already got my Torch 9860 a few weeks ago.

Don't listen to Mick, better read the analysis of guys who know at least SOMETHING about what RIM does. Mick is just trolling as usual.

When he gets educated and learns more about RIM he should stop trolling... I guess...

And yeah, judging by my personal experience with my new Torch 9860 the sales should jump next quarter, I think consumers will like the BB7 handsets, as they have caught up to current iOS/Android phones spec and software/UI quality wise. They keep lacking modern powerful OS and lotsa fart apps and 3D games, but this last disadvantage will disappear when QNX starts replacing old BB OS next year.

Until QNX is full out in force RIM will suffer, I agree. But next quarter should be better because of the BB7 handsets arriving at last.


RE: Lack of competitive hardware
By retrospooty on 9/16/2011 8:56:20 AM , Rating: 2
[pacman] dawanawanawanawana put put [/pacman]

http://www.marketwatch.com/investing/stock/rimm

LOL - 23% drop overnight... which is now back down to 1/5 its previous high from 2008.


RE: Lack of competitive hardware
By Pirks on 9/16/2011 9:04:21 AM , Rating: 2
http://www.dailytech.com/article.aspx?newsid=22682... <<== "Cap size? Stock price? Wow, this means nothing!" (C) Alexstarfire, symbiosys and other DT readers.

Go argue with them now :P


RE: Lack of competitive hardware
By retrospooty on 9/16/2011 9:24:36 AM , Rating: 2
yes a 5 fold stock drop from 150 to 30 means nothing. Defecting customers mean nothing, bad reviews mean nothing and sales mean nothing. Its just the whole world trolling right?

http://www.marketwatch.com/investing/stock/rimm

http://money.cnn.com/galleries/2011/technology/110...

Nothing means nothing and then your gone. You are in as bad of denial as RIMM's senior management. Enjoy the ride.


RE: Lack of competitive hardware
By Pirks on 9/16/2011 9:49:07 AM , Rating: 2
quote:
Defecting customers mean nothing
The fact that BB subscriber base grew 40% year over year to more than 70 million means nothing too?
quote:
bad reviews mean nothing
Good reviews like http://www.bgr.com/2011/07/07/the-blackberry-playb... mean nothing too?
quote:
sales mean nothing
The fact that more BBs were sold this quarter compared to BB sales last quarter means nothing too?
quote:
http://money.cnn.com/galleries/2011/technology/110...
The idiot who wrote this review lied twice. 1) There was NO iTunes App Store in 2007 when iPhone was released 2) Optical trackpad on Torch 9860 is the best thing since sliced bread, the fact that this idiot never even tried it when browsing complex web sites with lotsa small links and buttons proves his incompetence.

He is obviously an Apple fanboy, and a dumb one, judging by his lies about iPhone App Store in 2007, hahaha :))) Got any more fanboyish reviews for me retro? This is fun! I love to read Android/Apple fanboy iditos reviewing RIM hardware, these clueless clowns with their puny lies are pricesless. Gimme more retro!


RE: Lack of competitive hardware
By retrospooty on 9/16/2011 10:03:02 AM , Rating: 2
Here is an article you seam to not have read...

http://www.dailytech.com/article.aspx?newsid=22750

Also, the very fact that they are releasing OS7 devices and already stating they are working on QNX phones for next year says alot about their own confidence in OS7. Its so great we are replacing it as fast as we can.


RE: Lack of competitive hardware
By Pirks on 9/16/2011 10:27:39 AM , Rating: 2
Here is an article you seam to not have read...

http://www.bgr.com/2011/07/07/the-blackberry-playb...

Also, the very fact that Apple are releasing iOS4 devices and already stating they are working on iOS5 phones for next year says alot about their own confidence in iOS4. Its so great we are replacing it as fast as we can


RE: Lack of competitive hardware
By retrospooty on 9/16/2011 10:30:39 AM , Rating: 2
There is a difference in up revving an OS as from OS4 to OS5, and canning the old OS in favor of a new one...

Whatever thought, that's not really the point. The Point is RIM is hurting and thier management seems to be in denial, as do you. Whatever though. Enjoy your denial.


RE: Lack of competitive hardware
By Pirks on 9/16/2011 10:54:42 AM , Rating: 2
MS canned old Win 3.x/95/98 in favor of NT and prospered since then.

Apple was hurting way more than RIM, canned their old Mas OS, and prospered too.

Enjoy your denial.


RE: Lack of competitive hardware
By retrospooty on 9/16/2011 3:36:13 PM , Rating: 2
So your comparing RIM to MS and Apple now? Those 2 companies, regardless of whether you like them or not, are huge and have alot of great talent. RIM is NOT MS or Apple. RIM is closer to Palm than anything else on the market, meaning they are a 1 trick pony. At the time in the early 2000's when they developed their Blackberry exchange service it was industry changing. Since then, they really haven't innovated anything at all. They have just been coasting on their laurels and now we are just starting to see the effects. Wait 2 more years. I wonder who will buy their IP?


RE: Lack of competitive hardware
By Pirks on 9/16/2011 6:01:14 PM , Rating: 2
1. Dying Apple in the 90s was smaller than RIM these days.

2. Changing a compact/simple smartphone OS is much smaller task than changing the planet scale super complex behemoth that is Windows, hence it could be done with much less effort and much less people than what MS had at the time.

Not that the two simple facts will stop your clueless trolling, will they?


RE: Lack of competitive hardware
By retrospooty on 9/16/2011 8:22:20 PM , Rating: 2
Yet still RIM will be done for in 2 years time... They dont have anything unique but an aged, obsolete and expensive email platform. You calling me a troll does nothing to change that face. You in denial does nothing to change that fact....

Things that CAN change that fact.

1. INNOVATE!!! RIM comes out with something that is unique. (QNX wont do it unless its clearly better than future IOS and Android.)
2. Drastically lower prices to make their product more appealing.

Anything else you say is just fluff. RIM cannot stay the current course and survive.


RE: Lack of competitive hardware
By Pirks on 9/16/2011 9:07:47 PM , Rating: 1
quote:
aged, obsolete and expensive email platform
Which is still the best because of http://www.techatplay.com/?p=482 <<== Compared to Windows Mobile the BlackBerry method represents the most battery and data efficient method for push email. You in denial does nothing to change that fact...
quote:
RIM comes out with something that is unique
Already done, called Playbook.
quote:
Drastically lower prices to make their product more appealing
Already done, Staples was selling Playbooks for $249 recently.


RE: Lack of competitive hardware
By retrospooty on 9/17/2011 9:42:37 AM , Rating: 2
You post an article from 2009 comparing Win mobile? LOL.

Its 2011 now, almost 2012 and IOS and Android are the big phone OS's. Win Mobile6 phones arent for sale anymore, unless its used...

The playbook is a subpar tablet. Unique how?

Other tablets are available for that price as well.

None of that is going to do the trick, or set RIM apart.

NEXT!


RE: Lack of competitive hardware
By Pirks on 9/18/2011 12:09:04 AM , Rating: 1
quote:
You post an article from 2009 comparing Win mobile? LOL.
And the WP7/iOS/Android have principally different corporate email delivery methods? LOL.
quote:
The playbook is a subpar tablet. Unique how?
Playbook is a tablet with the best browser among ARM tablets (read Anand's review for a proof). iPad is a subpar tablet compared to that.
quote:
Other tablets are available for that price as well.
Yeah, other lower quality slower crappier tablets are available for the same price, so what?


RE: Lack of competitive hardware
By jones1980 on 9/16/2011 10:26:53 PM , Rating: 2
Explain to me what market cap really tells you… it is one of those numbers that has little value and can be very misleading. As for stock price, you ever thought that maybe it was overvalued to begin with and now it may be undervalued; analysts seem to be very fickle these days. I won’t argue with you regarding the consumer market, but why is it that Apple would love to break Rim’s dominance in the Enterprise market?


RE: Lack of competitive hardware
By retrospooty on 9/17/2011 9:53:02 AM , Rating: 2
Agreed, stock can be misleading. Its not just stock, its coupled together will all the other factors that show RIM is fading fast.

As for enterprise. Apple and Android are already breaking into enterprise. enterprise is just slower to react compared to consumer with any new changes. Here is why...

Free enterprise model = Email, calender, contact sync with exchange server
Mail flow:
Exchange server > internet > users phone


Blackberry enterprise model $20 per month per user
= Email, calender, contact sync with exchange server
Mail flow:
Exchange server > BB manager internet > RIM server > internet > users phone

It doesnt take a genius to see the issue, and companies are catching on.


RE: Lack of competitive hardware
By retrospooty on 9/17/2011 9:57:39 AM , Rating: 2
oops... Missed a carrot.

Free enterprise model = Email, calender, contact sync with exchange server
Mail flow:
Exchange server > internet > users phone

Blackberry enterprise model $20 per month per user = Email, calender, contact sync with exchange server
Mail flow:
Exchange server > BB manager > internet > RIM server > internet > users phone

So with Blackberry you pay more for the same functionality ($20 vs free), adding a level of complexity on the setup, and 2 additional points of failure.

Back in the early 2000's it had no rival and therefore got big, but since MS gives it away for free now, there is no viable reason to use it at all. IT depts have alot of users already on it and that has kept them going, but its fading fast.


RE: Lack of competitive hardware
By Pirks on 9/18/2011 12:21:55 AM , Rating: 2
Yeah, the number of BB subscribers grew again this quarter to more than 70 million and they are "fading fast". Pass the pipe, bro.


RE: Lack of competitive hardware
By retrospooty on 9/18/2011 10:18:42 AM , Rating: 2
really? This is odd then.

http://articles.businessinsider.com/2010-09-17/tec...

The smartphome market is exploding and RIM is going the opposite direction. Regardless of what you spin. What you are seeing now is the beginning of the end. Like I said, they CAN change it by either innovating or by becoming a cheap alternative. IF they do not, in 2 years they will be Palm.


RE: Lack of competitive hardware
By Pirks on 9/19/2011 12:40:27 AM , Rating: 2
quote:
The smartphome market is exploding and RIM is going the opposite direction
Two proofs showing that you are lying again.

Proof 1: the number of BB smartphones sold this quarter grew.
Proof 2: The number of subscribers grew too.

And all this without QNX phones, all the old OS 6 stuff.

Looks good to me. If they grew on the very old OS 6 I wonder what happens when OS 7 is factored in next quarter and then QNX in a quarter or two after that.

Keep trollin' tho :) And don't let the facts to shake your faith man!
quote:
What you are seeing now is the beginning of the end
Sure whatever you say man :))) Growth in number of smartphones sold, growth in the number of subscribers, best web browsing tablet on the market that even pwns iPad browser-wise, and pending release of a brand new modern smartphone OS is the beginning of the end. Riiiight... pass the pipe again please?


RE: Lack of competitive hardware
By retrospooty on 9/19/2011 8:58:48 AM , Rating: 2
Wait and see... Like I said, they CAN change it by either innovating (this doesnt mean a new OS that is comparable to the others... This means doing something unique) or by becoming a cheap alternative. If they do not, in 2 years they will be Palm.


RE: Lack of competitive hardware
By Pirks on 9/19/2011 10:09:13 AM , Rating: 2
The market is full of successfull clone makers. Acer, Dell, Asus make clones, Windows was a Mac OS clone, Android is an iOS clone, all cars are clones, fridges too, washers, dryers etc etc... On the other hand unique thing called Dell Adamo died, unique UK exotic car makers die or sell themselves left and right. After observing all these facts are you still sure clone making is always bad and making unique products is always good?


RE: Lack of competitive hardware
By retrospooty on 9/19/2011 11:18:39 AM , Rating: 2
Whatever Pirks... I am not going to change your mind. Clearly you are not here with an opened mind. It is obvious you have an agenda, although I dont know why. Clearly by your one sided view that when RIM's stock went up a bit in the past few months and you hailed it as proof things are going good, then when it dumped back down last week, you dismiss stock price as a non-factor. That very point shows that you are here with an agenda and aren't open minded, you are trying to change others minds for "some" reason about RIM. Either it's financialy driven or you are just an extreme fanboy with no life. Either way I dont give a turd.

It'sot going to work on me. You speak with a forked tongue :P


RE: Lack of competitive hardware
By Pirks on 9/19/2011 11:42:44 AM , Rating: 2
Don't you speak with forked tongue when you ignore RIM stock price raises and only emphasize their falls? How are your double standards better then, huh?

After observing how you carefully avoid good news about RIM and only emphasize the bad ones I can also say you and Jason Mick have some agenda here, either because it's financialy driven or you are just extreme anti-RIM trolls with no life.


RE: Lack of competitive hardware
By retrospooty on 9/19/2011 11:47:44 AM , Rating: 2
"Don't you speak with forked tongue when you ignore RIM stock price raises and only emphasize their falls? How are your double standards better then, huh?"

No, I dont. I saw it went from 150 down to the mid 30's and you pointed out it was on the rise (up from the 20's) I didnt ignore that rise, I was looking at the longer term. Now that short term rise has disappeared and you are still in denial.

You owned yourself on that one and outed your intentions.


RE: Lack of competitive hardware
By Pirks on 9/19/2011 12:10:30 PM , Rating: 2
Your focus on the bad news (falling stock price) and avoidance of good news (growing smartphone sales and subscriber numbers) outed your intentions as well.


By retrospooty on 9/19/2011 12:40:47 PM , Rating: 2
Time will tell


"Let's face it, we're not changing the world. We're building a product that helps people buy more crap - and watch porn." -- Seagate CEO Bill Watkins














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