Snarky comic explains RIM's co-CEO phenomenon
We are not too worried about RIM, since it is still making one of the largest operating margins in the industry, second only to Apple and maybe HTC, so it has enough resources to weather the transitional period, while it moves to QNX for its smartphones and leverages its unique enterprise offerings for the world of touchscreens and advanced mobile operating systems.
The BlackBerry PlayBook is a good example for the start of this transitional period, plus RIM is taking efforts to reduce costs, which has already been positive for the share price. That, or the buyout rumors.
All this doesn't mean we can't get laughs out of RIM's situation, and especially out of the unique co-CEO phenomenon, which has been a thorn in the paw of some investors. Listed below is the reason why RIM needs two CEOs, in the obligatory comic book format:
1. thisdroidguy (unregistered)
LOL @ im glad youre here too
3. JeffdaBeat (unregistered)
It sucks because Blackberry could have really pioneered cloud and software services even if their handsets sucked. Maybe that's what they should do all together...but now that companies are coming up with their own services, I don't see how RIM really matters...
4. ~ (unregistered)
i dont think RIM is ok by any standards. they have pushed crap outdated technology for too long and more than that there playbook isn't the best there is. And all these delays dont help either. if RIM is going to survive then they have to completely change what they're doing right now and i dont think the co-CEOs are going to do that so the future of RIM is not looking so good
5. snowgator (Posts: 3249; Member since: 19 Jan 2011)
It only takes a good quarter or two to recover. It only takes a good set of competitive devices to have a couple good quarters. It only takes some good vision to get out some competetive devices. It would only take some drive and focus to support a good vision.
Okay- so RIM might be in trouble.
The year 2012 Blackberry- you are either onboard with QNX devices, your "industry best" browser, super apps, and a great line of personal devices to go along with your buisness first devices, or you are done as an industry leader. I am cheering for you- to succeed, not fail like a lot of others are cheering for. I am starting to feel real lonely....
6. Alphageek (banned) (Posts: 27; Member since: 22 Jun 2011)
Don't be. I am rooting for RIM to succeed as well. If they can transition to QNX in a relatively timely fashion and have awesome hardware to match the QNX software, they should recover nicely.
9. axllebeer (Posts: 265; Member since: 05 Apr 2011)
I agree. I really want to see the up and coming changes happen soon, and at all if they last that long. From what I've read, they have generated decent revenue, but on the whole the lack of faith in RIM is what has caused the recent drop in their stock after the latest financial reports. If they jump on the ball and really innovate, they can do it. But for now, the ground is very shaky.
I love their products and I know they can do this, but if they will..... that's another story. BTW, typing this on my BlackBerry PlayBook... love it!
7. antoneo (unregistered)
It is the end for RIM
There is a huge difference now in confront of two years ago, because there are competitors. Finished the time where touchscreen was for Apple and keyboard was for RIM.
Bye Bye RIM. Hello mister gravedigger.
8. bossmt_2 (Posts: 436; Member since: 13 Oct 2009)
As long as blackberry has the blackberry enterprise service they'll never fail. Android and iPhone will eat into that share, but not wipe it out.
Also remember about 2 years ago when people were talking about Motorola failing. Then the Droid came out and everything changed for them. Blackberry can go one of 2 ways. They can just be an enterprise device and survive while trying to make a killer phone of their own. Or if they fail, they can become a software manufacturer for BBM, their OS (which some people will want, I think dual OS devices will be bigger in the future) and their enterprise server which they can sell out to other companies for use.
They won't go away but they're no longer the world power they were pre-Droid.