BlackBerry grew by 250% in Saudi Arabia & 140% in the rest of Middle East Last year

[bbpandy]

Now if ONLY they could repeat that in the USA, or atleast point it out to WallStreet...
BlackBerry maker RIM aims for bigger Saudi profile - The National

[sam_b77]

Well that would not have any meaning if they sold 10 devices the first year and 250 devices the next year.

Anyway the population of both those places combined would be less than a small city. Not enough to warm Wall Street.

[JD914]

Blackberry is flourishing in the third world and becoming a successful third world brand.

[Palmless]

The article doesn't state if it is referring to actual growth (revenue growth), or just unit growth.

2010 - Sell 10 at 400 Riyals each = 4,000 Riyal revenue
2011 - Sell 25 at 100 Riyals each = 2,500 Riyal revenue

250% growth in units
40% decrease in revenue

So which is it? 250% revenue growth would be very impressive, if they had substantial baseline revenue.

Units would just keep the factory running.

[sam_b77]

Originally Posted by JD914

Blackberry is flourishing in the third world and becoming a successful third world brand.

I would hardly call Saudi Arabia Third World. They have enough money to buy the First World. the loan the money so that first world can eat.

[deRusett]

Originally Posted by sam_b77

I would hardly call Saudi Arabia Third World. They have enough money to buy the First World. the loan the money so that first world can eat.

Any Country that isn't the USA is the 3rd World didn't you know that?

[sam_b77]

Originally Posted by deRusett

Any Country that isn't the USA is the 3rd World didn't you know that?

Just found out

[maam]

I like those numbers eh

Posted from my CrackBerry at wapforums.crackberry.com

[anthogag]

Originally Posted by sam_b77

Well that would not have any meaning if they sold 10 devices the first year and 250 devices the next year.

Anyway the population of both those places combined would be less than a small city. Not enough to warm Wall Street.

Saudi Arabia has 26 million people and they probably own half of Wall Street.

The Middle East is around 378 million people (source www.wolframalpha.com)

[cajualaddict]

What is a third world country?

[robtanz]

Originally Posted by cajualaddict

What is a third world country?

Greece, Italy, Spain, and if the US doesn't get their spending under control, them too.

[deRusett]

Originally Posted by cajualaddict

What is a third world country?

Depends on who you ask,


Technically 3rd World Countries are countries that are neither allied with USA, and are non democratic, nor allied with Communist countries, as the "Worlds" were defined in the cold war based on political stance.

Often 3rd World is used to describe developing nations, who are considerably behind in government organization and technological advancement. That distinction heavily coined by US publications as the fall of the cold war ended 1st and 2nd world conversations

[chuckkdaduck]

Thats good to hear. This growth was probably the same in the states..hopefully RIMM can actually keep it this time and not lose it to the iphone or android again.

Somehow the growth of blackberry all around the world doesnt seem to matter to Wallstreet because somehow this world is based on USA for some reason??

[Palmless]

Originally Posted by chuckkdaduck

Thats good to hear. This growth was probably the same in the states..hopefully RIMM can actually keep it this time and not lose it to the iphone or android again.

Seriously? More than 100% growth in the US in 2011, even in units?

Originally Posted by chuckkdaduck

Somehow the growth of blackberry all around the world doesnt seem to matter to Wallstreet because somehow this world is based on USA for some reason??

Financial people look at financial results. Not units or other indicators that can mask financial results.

[grahamf]

Originally Posted by chuckkdaduck

Somehow the growth of blackberry all around the world doesnt seem to matter to Wallstreet because somehow this world is based on USA for some reason??

My perspective is that the US's three ruling parties (media, finances, and government) are becoming blind with greed.

Everything else you should be able to derive from that.