BlackBerry maker RIM suffers collateral damage from Nokia news
- BlackBerry maker RIM suffers collateral damage from Nokia news
BlackBerry maker RIM suffers collateral damage from Nokia news - thestar.com06-15-12 06:55 AMLike 0 -
Not yet... But all things change.
I just got back from a month long trip to Japan, and while I noticed BBs scattered about, the iPhone and Samsung were ubiquitous.
So many here(not accusing you) try to make this a U.S. bias against RIM thing.
It's much more a matter of economics than geography...06-15-12 07:59 AMLike 0 - Another piece of negative press.
Squeeze as much as you can, but RIM aint gonna die soon.morganplus8 likes this.06-15-12 08:01 AMLike 1 - Sith_ApprenticeMod Team EmeritusWhile this is negative it isnt altogether unfounded.
RIM is going down a similar path to Nokia.
-Massive market share lose
-Huge issues with current portfolio sales
-Transition to a new OS
-Cutting thousands of jobs
The bright side of that article is that RIM is indeed a few quarters behind Nokia, and they are implementing cost saving measures earlier in the process. They also will have their new smartphones out this year, a couple of quarters after their first operating loss. Nokia had an operating loss of 1 billion euros last year, on sales of 38 billion. Prior year (2010) they had an operating profit of 2 billion on sales of 42 billion. They are a much larger company than RIM and are hurting badly. Nokia also has the bond payments next year, which will definitely hurt them, while RIM has no debt at this time.
While there are parallels things are far from the same, and RIM has tried to fix things sooner in the path than Nokia did. Lets see if it can help them derail the runaway train they have been on.06-15-12 08:15 AMLike 3 -
- We in Canada are our worst enemies. I find our Canadian press talk more sh1t about RIM than anyone else. You'd think that they would report some positive press sometimes to help pump up our fellow teammate. We suck!SnoozerBold and bluetroll like this.06-15-12 08:23 AMLike 2
- In financial terms, RIM is in far better shape than Nokia due to no DEBT. Majority of Nokia's revenue is from feature handsets (commodities) and Symbian smartphones. Both products are in their sunset days and revenue is declining rapidly as a result. Android phones are being flooded into emerging markets from Samsung, ZTE, and Huawei at very low price points.
Nokia's new Lumia line of smartphones have generally received favourable reviews but represent a sliver of Nokia's revenue and will not save the company from bankruptcy restructuring.06-15-12 09:32 AMLike 0 -
- It seems clear to me that the biggest difference between nokia/MSwinmo and RIM with the up coming BB10 is the installed user base. Witch = product anticipation!. People around the world are aware and waiting for BB10, They will give it a look if not a shot. As much as people try to tarnish their image they are still the youngest and most innovative of the three. Deep down more so than the "me 2's" of the smart phone industry (mentioned above) people want to see RIM come back. If BB10 offers the old BB experience together with the power to run and create cool content. People will be back.
Not to mention the millions of users that come just for security! GO RIM!
Things like having a fantastic product fan site matter. Seriously, where do I go to get passionate about Nokia or MS? WPcentral, never been there! i bet its an echo chamber!Last edited by Dapper37; 06-16-12 at 12:12 AM.
06-15-12 11:46 PMLike 0 - meh.... more negative rhetoric, SSDD. (Same sh!t, different day). What do these people have an agreement to break stories late about RIM every day so it stays in circulation forever? This isn't news (old) by any stretch of the imagination, on the other hand, I did find out how nokia is doing. Mind you, if nokia actually is in this shape, to that degree or not, idk... as journalists hardly ever sensationalize the (always factual) never late stories from weeks past news.
I really hope that BB10 gets a fair shake. That being said, RIM has to "play the ace up their sleeve" (I really hope they have one!) when they market the BB10 (ANY FREAKING DAY NOW). RIM (at very least) has to get some viral you tube clips going. Honestly 3 1/2 months isn't very long to "pump your own tires" especially considering the state of the company. RIM has to follow through, just building BB10 OS (IMO the going to be sweetest OS ever!!) sadly, isn't enough... MARKET THAT DAMN THING!!!!!
In all honesty, I don't really care how nokia is doing, as long as RIM is doing better.06-16-12 08:53 AMLike 0 - Originally Posted by [email protected]
I just got back from a month long trip to Japan, and while I noticed BBs scattered about, the iPhone and Samsung were ubiquitous.
So many here(not accusing you) try to make this a U.S. bias against RIM thing.
It's much more a matter of economics than geography...
I work in New Zealand, the same can be said for the iphone & android there. from what I saw, mostly work, not much play though.
this may not be much of a comparison as I work in rural areas, but did get to go into a few towns nearby.06-16-12 08:59 AMLike 0 -
And while people will probably give BB10 a look when it comes out, if RIM doesn't have an app ecosystem in place with Netflix, Skype, Kindle, ____ with Friends..then there won't be much incentive to give it "a shot" to the average consumerKanuck34 likes this.06-16-12 10:02 AMLike 1 - Originally Posted by [email protected]Not dirt. But much of the world's consumers aren't paying $500 for cell phones in large numbers yet.
Not yet... But all things change.
I just got back from a month long trip to Japan, and while I noticed BBs scattered about, the iPhone and Samsung were ubiquitous.
So many here(not accusing you) try to make this a U.S. bias against RIM thing.
It's much more a matter of economics than geography...06-16-12 10:02 AMLike 0 - While this is negative it isnt altogether unfounded.
RIM is going down a similar path to Nokia.
-Massive market share lose
-Huge issues with current portfolio sales
-Transition to a new OS
-Cutting thousands of jobs
The bright side of that article is that RIM is indeed a few quarters behind Nokia, and they are implementing cost saving measures earlier in the process. They also will have their new smartphones out this year, a couple of quarters after their first operating loss. Nokia had an operating loss of 1 billion euros last year, on sales of 38 billion. Prior year (2010) they had an operating profit of 2 billion on sales of 42 billion. They are a much larger company than RIM and are hurting badly. Nokia also has the bond payments next year, which will definitely hurt them, while RIM has no debt at this time.
While there are parallels things are far from the same, and RIM has tried to fix things sooner in the path than Nokia did. Lets see if it can help them derail the runaway train they have been on.
There's no guarantee Nokia will be able to overcome their problems, but I do think that if they can overcome them, they probably will turn things around sooner than RIM will.
The biggest advantage RIM has relative to Nokia is the current lack of debt.Last edited by CHIP72; 06-16-12 at 10:17 AM.
06-16-12 10:12 AMLike 0 - Originally Posted by [email protected]Not dirt. But much of the world's consumers aren't paying $500 for cell phones in large numbers yet.
It's just lazy reporting and nothing more.06-16-12 09:53 PMLike 0 -
It's just lazy reporting and nothing more.06-16-12 10:08 PMLike 0 - Big difference between Nokia and RIM. RIM has a userbase that ALL use smartphones and so when BB10 comes along they will get a huge chunk of the current users moving to BB10 which means RIM's move to BB10 has a good chance at generating a significant return. Nokia moved to a whole new OS and image without a large userbase that used windows phone and got poor results. RIM can transfer over whatever momentum they have left. Nokia could not and so as soon as RIM has BB10 out they will be ahead of Nokia in terms of transitioning. They are in a better situation and their foreseeable future looks brighter than Nokias.06-17-12 12:25 AMLike 0
- Forum
- Popular at CrackBerry
- General BlackBerry News, Discussion & Rumors
BlackBerry maker RIM suffers collateral damage from Nokia news
LINK TO POST COPIED TO CLIPBOARD