If you go back to the the latter part of September, Research in Motion’s stock price (ticker RIMM) was over $88 per share. At the time of this posting the price is down below $56. A Large chunk of this decline was because of poorer than expected Q2 fiscal 2010 earnings where the stock price got hammered over a day and a half long period. Things, however, seemed to settle down with not much movement, up or down, through most of October.
This was the case, at least, until Google announced Android 2 and Verizon started hyping the upcoming Verizon Droid while almost completely ignoring the BlackBerry Storm2. RIM’s stock price has dropped about another 10 bucks since the Android 2 announcements.
Should RIM be worried about Android? I am guessing that they should at least be concerned… I’d love to hear what you think in the comments.
I just read an interesting post over on ZDNet how a Google Android powered BlackBerry would be the ‘Perfect Storm‘, pun intended. I’ve actually thought for a while that RIM should create a device that runs Android.
A “Perfect Storm”: The Linux-based Android OS, and tight integration with Google’s web services, running on BlackBerry hardware and connected to RIM’s corporate messaging/calendar syncing infrastructure would be an unstoppable mobile enterprise device platform that not even Apple’s iPhone, Windows Mobile or Palm webOS could dare to challenge. But could the marriage ever be consummated?
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It seems like over the passed couple of months I had a bit of a facination with with Android. I haven’t gone out and bought a T-Mobile G1 or anything, although I am thinking about it… I am intrigued, however, with the thought of a viable open source mobile operating system that looks like it is going to give RIM, Apple, Microsoft, and Palm some legitimate competition.
I have been debating on whether or not I should create an Android category here on RIMarkable or if I should start a completely seperate site dedicated to it. There are pros and cons to both options so I thought that I would throw it out to you guys to see what you think.
Should we create an Android category here on RIMarkable or start a brand new Android blog?
We really haven’t talked much about the T-Mobile G1, the first mobile device to run Android, Google’s mobile operating system, however seeing how inexpensive it is at Wal-Mart, maybe we should talk about it a bit more.
Starting tomorrow, October 29th, the G1 goes on sale at the worlds largest retailer for $148.88 with a 2-year contract. That is $31.11 less than the $179.99 the G1 currently runs through T-Mobile.
Because of the price and the fact that Google created the OS, the T-Mobile G1 might compete with lower end BlackBerrys and possibly even the iPhone for users that are tied to T-Mobile. I am half way tempted to buy one myself just so that I can talk about it.
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Someone asked me the other day what I thought about Android, Google’s mobile operating system that happens to be open and free, and the first thing that came to mind was that Research in Motion should build a handset that runs Android.
I really would like to hear what you guys think here in the comments, but, here a a few reasons why I think this could be a huge hit for RIM.
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