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RIM announces $125m quarterly loss and management shakeup

By Leeky
Mar 30, 2012
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  1. Research in Motion released its fourth quarter and year-end financial report (PDF) yesterday, announcing a $125 million quarterly loss as the firm struggles with falling revenues due to weaker smartphone…

    Read the whole story
     
  2. My previous smartphone was a Blackberry Curve - it had so many problems I decided to throw it into the lake. Went with Android and have no problems.
     
  3. ikesmasher

    ikesmasher TS Evangelist Posts: 1,978   +390

    maybe if RIM would realize that the best way to make profit is to make good products, they would make profit.
    Just my 2 cents,
     
  4. When I first got my Blackberry Storm (horrible) and then the Blackberry Storm 2 (less horrible) I thought it was normal to have a phone lock up on you and other strange things happen. I lived with that mess for 3 years. Then I took a chance and got a iPhone. Once I saw how a phone can actually work I realized how back the blackberry actually was. Good Ridden!
     
  5. Tygerstrike

    Tygerstrike TS Enthusiast Posts: 827   +93

    RIM is suffering from its own success. Media hyped up the BlackBerrys. Ppl bought into it. RIM delivered a in general crappy product. How can RIM expect to make any money when most ppl wont even touch a BB let alone actually buy one. Their tablet failed due to the same consumer based issues. Ppl just had bad experiences with BB so they didnt even give that RIM tablet a chance.
    RIM needs to either do better focus groups for their product or LISTEN to the customers they have left. Ppl want apps. Ppl want games. Ppl want stuff to do while waiting in line for coffee.
    My buddy had a BB and I asked to use it. I handed it back almost immediatly. I couldnt find the button to turn it on. It was more complex then I was used to useing at that time.
     


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