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4 comments

The Numbers Behind RIM's Impending Collapse

Posted May 30, 2012 10:51 AM

From CNET News:

RIM is in dire straits. This week it announced it would suffer an operating loss and suspended its shares on the Nasdaq. Here's what you need to know before market open.

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Power-User

Join Date: Jan 2008
Location: Tucson, AZ
Posts: 238
Good Answers: 2
#1

Re: The Numbers Behind RIM's Impending Collapse

05/30/2012 2:01 PM

...somebody didn't listen to Steve Jobs speak about business paradigms, apparently.

__________________
...and the Devil said: "...yes, but it's a DRY heat..!"
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Guru

Join Date: Jun 2007
Posts: 627
Good Answers: 24
#2

Re: The Numbers Behind RIM's Impending Collapse

05/30/2012 2:59 PM

I plead ignorance in numerous arenas, and modern phone services is certainly one of them.

[article] "RIM has two areas: its smartphone sector and its data infrastructure. A BlackBerry is useless without the data infrastructure, meaning if RIM goes bust and fails to sell its data networks, more than 78 million people will suddenly lose service."

So, even tho' my Blackberry Bold was purchased through (and 'service' being paid for to) AT&T ... it could cease to function ("on AT&T service") if RIMs own networks failed to be purchased upon their collapse?

How does that work? Does AT&T currently pay RIM part of what *I* am paying to them for service each month to keep my 'waves' airborne?

"Whatever"... (guess I'd better check to see if the old Motorola RAZR will still hold a charge)

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Guru

Join Date: Mar 2012
Posts: 2210
Good Answers: 84
#3

Re: The Numbers Behind RIM's Impending Collapse

05/30/2012 9:27 PM

The Researchers are In Motion and headed out the door!

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Power-User

Join Date: Dec 2010
Posts: 325
Good Answers: 2
#4

Re: The Numbers Behind RIM's Impending Collapse

05/31/2012 9:22 AM

This why we should never put our trust in one company, especially if they own the sole rights to a global network!!!

Spencer.

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