Welcome to the CrackBerry Forums Create Your Account or Ask a Question Answers in 5 minutes - no registration required!
Page 1 of 2 12 LastLast
Results 1 to 25 of 27
Like Tree24Likes
  1. rsburton's Avatar
    CrackBerry Newbie

    Posts
    1 Posts
    Thread AuthorThread Author   #1  

    Default Blackberry Bankruptcy Rumors

    Hey, I have heard a lot of people tell me that blackberry is going bankrupt and will not exist in the near future. The Iphone seems to be the #1 phone in the world. I am so sick of seeing one every time I turn around. If this is true then I have the answer to bringing Blackberry back to the top.
  2. jefftam68's Avatar
    CrackBerry Abuser

    Posts
    172 Posts
    Global Posts
    226 Global Posts
    #2  

    Default

    Perhaps you should give the new CEO a call and tell him about your solution.
    Thanked by:
    qbnkelt (03-05-2012) 
    qbnkelt likes this.
  3. lexsteryo's Avatar
    CrackBerry Abuser

    Posts
    433 Posts
    PIN
    29188714
    #3  

    Default

    Can we get this locked please?
    Thanked by:
    qbnkelt (03-05-2012) 
  4. BB10FTW's Avatar
    CrackBerry Abuser

    Posts
    303 Posts
    PIN
    2973C0E8
    #4  

    Default

    Well ill lay it out for you, RIM has over 1,000,000,000 in the bank...........THAT IS 1 BILLION DOLLARS!!!!!! IF YOU HAD A BILLION DOLLARS IN THE BANK WOULD YOU BE CONSIDER TO BE GOING BANKRUPT????
    No I'm not yelling at you with the caps but I do expect you to yell at others who say things that simply are not true. The people who tell you these crazy things do not know the facts, they do not understand that RIM has been growing and has been profitable for some time now.
    RIM has hit some bumps in the road and they are in transition but in no way are going bankrupt and they will not be gone in a year.
    Our beloved RIM is here to stay and even if the BB10 phones don't do well and RIM starts losing money it will take few years for them to go completely bankrupt. They would sell way before then..........However that will never happen because RIM is going to knock a home run way out into left field and BB10 will be a huge success......Just a gut feeling!
    Thanked by:
    jkomo001 (03-05-2012) 
  5. AVPTI's Avatar
    CrackBerry Genius

    Posts
    1,675 Posts
    PIN
    Available upon request.
    #5  

    Default

    They have a growing subscriber base, generate a quarterly profit, growing revenues (not as much, but still growing), and have over $1.5 billion sitting in the bank.

    RIM is not, or anywhere near, bankrupt.
  6. BB10FTW's Avatar
    CrackBerry Abuser

    Posts
    303 Posts
    PIN
    2973C0E8
    #6  

    Default

    Before we do have this thread closed can we have your solution to "rescuing" RIM?
    Thanked by:
    qbnkelt (03-05-2012) 
    qbnkelt likes this.
  7. BoldPreza's Avatar
    CrackBerry Master

    Posts
    1,389 Posts
    Global Posts
    1,414 Global Posts
    #7  

    Default

    Yea I don't know which one of those incorrect statements to address first, lol.
    8700, Bold 9000, Bold 9700, Torch 9860, Z10! Spider-Man case FTW!!!
  8. palmless's Avatar
    Banned

    Posts
    544 Posts
    Global Posts
    565 Global Posts
    #8  

    Default

    Quote Originally Posted by TW93 View Post
    They have a growing subscriber base, generate a quarterly profit, growing revenues (not as much, but still growing), and have over $1.5 billion sitting in the bank.

    RIM is not, or anywhere near, bankrupt.
    I expect that on March 29, we'll learn that the subscriber base has not been growing, the quarter was not profitable, revenue not growing, and cash will have evaporated down to about $600M.

    However, even as I disagree on those particulars, I will agree that RIM is not, nor anywhere near, bankrupt.
    OMGitworks likes this.
  9. BB10FTW's Avatar
    CrackBerry Abuser

    Posts
    303 Posts
    PIN
    2973C0E8
    #9  

    Default

    Quote Originally Posted by Palmless View Post
    I expect that on March 29, we'll learn that the subscriber base has not been growing, the quarter was not profitable, revenue not growing, and cash will have evaporated down to about $600M.

    However, even as I disagree on those particulars, I will agree that RIM is not, nor anywhere near, bankrupt.
    You honestly believe that they blew through 100's of millions of dollars in 3 months?
    Can you give some examples of what they spent the insane amounts of money on?
    I know they are opening tons of stores, spending some cash on advertising and a few other things but honestly you believe that RIM spent that much money?
    In my opinion your expectations for March 29th are a bit out there. I do agree that the subscriber base probably hasn't moved much but as far as to say they are losing money is crazy. There is just no way in 3 months they will lose enough money not to be profitable, that is just absurd. In my opinion of course
  10. playbookster's Avatar
    CrackBerry Genius

    Posts
    4,361 Posts
    #10  

    Default

    if having billions in the bank means your bankrupt then the world must be on the verge of imploding
  11. hpjrt's Avatar
    CrackBerry Addict

    Posts
    983 Posts
    #11  

    Default

    Um ... people? RIM has no debt. In order to go bankrupt, an entity has to be in debt to, usually, some bank(s). Therefore bankruptcy is not anywhere near the table.
    Posted using my 32 gig Playbook - and 9 times out of 10, my new BB OEM mini keyboard
    app_Developer likes this.
  12. Goldwing07's Avatar
    CrackBerry Abuser

    Posts
    251 Posts
    #12  

    Default

    Only takes one to start the BS.
    VanCity778 likes this.
  13. palmless's Avatar
    Banned

    Posts
    544 Posts
    Global Posts
    565 Global Posts
    #13  

    Default

    Quote Originally Posted by BB10FTW View Post
    You honestly believe that they blew through 100's of millions of dollars in 3 months?
    Can you give some examples of what they spent the insane amounts of money on?
    They've been going through about $200MM per quarter, and I expect that has accelerated.

    Inventory should be backing up and AR collections slowing, due to sell-through concerns.

    But bankruptcy is not a concern, IMHO.
    Thanked by:
    Jay619 (03-05-2012) 
  14. Tõnis's Avatar
    Banned

    Posts
    3,086 Posts
    Global Posts
    3,088 Global Posts
    PIN
    32E87D6D
    #14  

    Default

    I have to admit, I'm out all the time, and I've never even seen an "iPhone."
  15. BB10FTW's Avatar
    CrackBerry Abuser

    Posts
    303 Posts
    PIN
    2973C0E8
    #15  

    Default

    Quote Originally Posted by Palmless View Post
    They've been going through about $200MM per quarter, and I expect that has accelerated.

    Inventory should be backing up and AR collections slowing, due to sell-through concerns.

    But bankruptcy is not a concern, IMHO.
    But is that 200 million from the 1.5 Billion in cash or is that 200 million from their quarterly profits?
    Throughout 2011 they have not lost any money and only profited so to suggest that they are losing money and using tons of cash in the bank is just a bit far fetched.

    I understand this is just your own thoughts but I am trying to figure out where you came up with RIM only having 600 million in the bank?
  16. auditman's Avatar
    CrackBerry Addict

    Posts
    770 Posts
    Global Posts
    777 Global Posts
    #16  

    Default

    Quote Originally Posted by rsburton View Post
    Hey, I have heard a lot of people tell me that blackberry is going bankrupt and will not exist in the near future. The Iphone seems to be the #1 phone in the world. I am so sick of seeing one every time I turn around. If this is true then I have the answer to bringing Blackberry back to the top.
    Yeah I'm sure you do. Why don't you start by getting your facts straight and stop listening to rumors. Thats an idea for people like you.
  17. missing_K-W's Avatar
    CrackBerry Genius

    Posts
    2,393 Posts
    PIN
    If ur sexy>>>pm me
    #17  

    Default

    Why hasn't this been locked yet?
    "I gotta Z10......I gotta Z10....Hey...Hey...Hey....Hey"........
  18. #18  

    Default

    Quote Originally Posted by lexsteryo View Post
    Can we get this locked please?
    +1000

    why are stupid posts like this OP's not screened? ....
  19. Dapper37's Avatar
    CrackBerry Genius

    Posts
    3,345 Posts
    Global Posts
    3,355 Global Posts
    PIN
    @getdjmac
    #19  

    Default

    This is such a troll post, something to feed the Google headlines. Nice first post guy, can't wait for your next.
    daveycrocket likes this.
  20. h20work's Avatar
    CrackBerry Genius of Geniuses

    Posts
    5,520 Posts
    #20  

    Default

    I thought rim went bk back in 08 when the storm came out??? That's what I kept seeing here. No way they could make it through 09, then 10, then 11, so 12 must be when the shot down for good
  21. JAGWIRE's Avatar
    CrackBerry Master

    Posts
    1,326 Posts
    Global Posts
    1,331 Global Posts
    #21  

    Default

    so ya MODS any wanna lock this down...
    Back from the depths!!!
    9000>>9950>>8530>>9810>>Z10>>iPhone 5>>Z10
  22. Doc Z's Avatar
    CrackBerry Abuser

    Posts
    380 Posts
    Global Posts
    511 Global Posts
    #22  

    Default

    No bankruptcy just yet. But the company is in the absolute gutter.
  23. Superfly_FR's Avatar

    Posts
    9,857 Posts
    Global Posts
    9,876 Global Posts
    PIN
    Hey, what did you expect ?
    #23  

    Default

    C'mon guys ... YASPU* !
    Mods: can we close DELETE this ?

    * Yet Another Single Post User.

    P.S: "Hit the Report Post triangle, people !"
    Last edited by Superfly_FR; 03-05-2012 at 03:37 AM.
    Join my BBM Channel : C00035FA6
    "I speak English like a Spanish Cow"
    I'm a StockBerrian, proudly holding 50 150 250 400 550 1000 BlackBerry shares
    daveycrocket likes this.
  24. daveycrocket's Avatar
    CrackBerry Addict

    Posts
    715 Posts
    #24  

    Default

    Yep I'm bored now
    Be careful when Speaking, you create the world around you with your words-Navajo
    DPSydBerry likes this.
  25. bitek's Avatar
    CrackBerry Genius

    Posts
    2,348 Posts
    Global Posts
    2,501 Global Posts
    #25  

    Default

    Quote Originally Posted by rsburton View Post
    Hey, I have heard a lot of people tell me that blackberry is going bankrupt and will not exist in the near future. The Iphone seems to be the #1 phone in the world. I am so sick of seeing one every time I turn around. If this is true then I have the answer to bringing Blackberry back to the top.
    Nice first post! Congrats
Page 1 of 2 12 LastLast

Posting Permissions