It seems like every time Research in Motion takes half a step forward something comes along to knock them a full step back. In this week’s edition of What Else Can Go Wrong for RIM, energy services company Halliburton has announced plans to drop support for BlackBerry in favor of the iPhone.
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Research in Motion has announced BlackBerry Innovation Forum 2012 dates for both the United States and Canada. Started back in 2011, the BlackBerry Innovation Forums are intended for anyone who manages, develops, or architects BlackBerry devices or BlackBerry Enterprise Server in the workplace.
Head over to the BlackBerry Innovation Forum website for a complete list of dates in the United States and Canada…
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In a recent CrackBerry.com interview Research in Motion CEO, Thorsten Heins, had this to say when asked if we would ever see BlackBerry Messenger on other platforms…
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According to a report in the Financial Times, Research in Motion’s board is preparing to oust co-chairs Mike Lazaridis and Jim Balsillie due to intense pressure from shareholders who watched RIM’s stock price drop over 75% in 2011. Independent director Barbara Stymiest is rumored to be the front runner to replace Lazaridis and Balsillie who will remain co-CEOs of the company.
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When it comes to smartphone platform market share in the United States, the story is starting to become more or less the same ole thing month after month… Android gains a lot, Apple gains a little, RIM loses a lot, and everyone else loses a little.
For the three month period ending in Nov. 2011 Research in Motion lost 3.1% market share down to 16.6%. Android gained exactly what RIM lost, 3.1% up to 46.9% total share. Apple gained 1.4% up to 28.7%, and, Microsoft and Symbian lost 0.5% and 0.3% respectively.
As we move into 2012 a big question for me me is what, if anything , can RIM do to turn things around.
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Earlier this month when a federal court in Albuquerque, New Mexico barred Research in Motion from using the trademarked name BBX RIM simply changed the name of their next-generation, QNX based, BlackBerry operating system to BlackBerry 10 suffering little more than the embarrassment of not having acquired the right to use the trademark before actually using it.
RIM finds itself in another legal battle over the use of BBM, short for RIM’s 50 million user plus BlackBerry Messenger mobile IM service, with BBM Canada, an industry group of broadcasters, advertisers and ad agencies, that has been using BBM in their branding for nearly 70 years.
BlackBerry Messenger users have been informally referring BlackBerry Messenger as BBM for years, and, after RIM started officially using the acronym, has become a core piece of RIM’s brand, and is a linchpin of the company’s global expansion, so it is doubtful that RIM will just stop using BBM.
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Word on the street is that Amazon was interested in buying Research in Motion last summer and even hired an investment bank to review a potential merger, but, never got to the point of making a formal offer because RIM’s management did not want to sell or break up the company.
(Reuters) – Research In Motion Ltd has turned down takeover overtures from Amazon.com Inc and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, according to people with knowledge of the situation.
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On the eve of Research in Motion’s Third Quarter Fiscal 2012 earnings call, shares in the company dropped to their lowest level since May of 2004, down 2.5% closing at $15.08.
Back at the beginning of the month RIM adjusted guidance warning that it would be at the low mid-point of what it had previously forecast and that it would record a $485 pre-tax provision for BlackBerry PlayBook inventory which the company had to deeply discount to move.
RIM’s earnings call later today should prove to be an interesting one… What do you think will happen with RIM’s stock price (RIMM)?
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Back in October at BlackBerry DevCon 2011, Research in Motion announced that they were going to brand their new QNX based next-generation operating system with the name BBX. Unfortunately, however, RIM didn’t check to see that BBx was already trademarked.
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