RIMM “period of enormous investment and transition”

  • Posted: 24 March 2011 06:38 PM

    RIM missed on GM.  Guidance is wide.  And most tellingly, they dropped vague hints of future models of their phones.

    Stock is down 5 and change after hours.

         
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    Posted: 24 March 2011 07:16 PM #1

    Vague hints. . . LOL.  The vapour continues. 

    What’s to take away from that? That eventually they will use the OS from the playbook to attempt to make a real smartphone?  I have little faith that these guys aren’t way too late.  But hope springs eternal, wasn’t it just a short 10 years ago that Apple was in huge trouble?  Anything’s possible if you have good leadership, and that’s the rub with RIM.

         
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    Posted: 25 March 2011 12:28 AM #2

    This is just unbelievable…..just unbelievable

    ——————-

    http://www.businessinsider.com/rim-ceo-playbook-android-2011-3

    Image: Dan Frommer, Business Insider
    RIMM Mar 24 2011, 05:20 PM

    BlackBerry PlayBook Not Toast? Analyst “Surprised” By “How Positive The Feedback Has Been”

    RIM Shares Drop 10% On Weak Guidance

    BlackBerry Playbook Will Support Android Apps

    Research In Motion officially announced today that its forthcoming BlackBerry PlayBook tablet would support Android apps.?
    (No, not apps for the new Android 3.0 “Honeycomb” designed for tablets, but old Android 2.3 “Gingerbread” apps, designed for phones.)
    When asked why anyone would ever bother developing for RIM’s own platform again if they could just make Android apps that would also work on RIM devices, co-CEO Jim Balsillie didn’t make it sound like his heart was all-in on Android.
    He basically said that the Android support is there to check off the “tonnage of apps” box—so that RIM can say that tens of thousands of Android apps are compatible with their devices, for people who get excited about those things.
    Meanwhile, he said that anyone interested in high performance apps, gaming, etc., will want to make custom PlayBook apps via the new QNX software developers kit.
    Here’s a lightly edited transcript of Balsillie’s remarks:
    ?
    First of all, what we announced is Gingerbread. This is not Honeycomb. I don’t know what the number of Honeycomb apps is, but it’s not very many. Whereas Gingerbread they’ve got lots of them. You’ve got the volume of the handset apps, so if you’re looking for the tonnage of apps, or some kind of long tail stuff, you’ve got it.
    At the end of the day, people are going to want performance. You’re just not going to get things like gaming and multimedia, you’re not going to get the speed going through a VM interface. If you want content, or Flash type stuff, or you’re looking at AIR-type, evolving web-type assets, that’s what you’re going to do.
    There’s no compromise here. You’ve got the tonnage of apps. And you’ve got the performance. Do I think the tonnage is overplayed? Yes.?
    But if you think it’s about having a couple hundred thousand apps, there you go.
    Do we believe it’s about super high performance? Yes. Do we believe it’s about full web fidelity? Yes. These are concepts that were really relegated as not technically possible, which we’re doing here. This is a no compromise environment.
    If you want to work on Android, great. Do we think people will want to migrate web assets? Yes. Do we think they’re going to want super high performance native assets with the SDK? Absolutely. You think they’re going to want to use their Flash based stuff for an offline Flash/AIR type environment? Yes.
    I’m just not interested in these sort of religious application tonnage issues. I really think we put that issue to bed. And if you think the whole world’s going to want to develop for Gingerbread, fine. Do I think that’s going to happen? Then why is there a different environment for a tablet? And you know about the performance issues and you know about the app volume issues, cause it’s tough. And that’s why QNX matters.?
    That’s why people are saying, Is this stuff going to go more in the browser and HTML 5 and more native? These are going to be strong trends. But if you want these app players for different VMs—and don’t forget we have 25,000 BlackBerry 6 apps. So, at the end of the day, we believe this is going to be about performance. It’s going to be about enterprise greatness. Things like multi-threaded capability, symmetric multiprocessing. We believe it’s about an uncompromised web. We believe it’s about enterprise security. True multitasking, not with suspension—and that matters because you’re going to want to run these things in the background.?
    But I’m out of the religious war on tonnage, which I’m delighted.
    ... (Lots of repetition.)
    I think it’s very important to understand that this idea of “no compromise” matters. And this idea that you can pick whichever one you want.
    ?
    More from our live blog of the RIM earnings call??

    [ Edited: 25 March 2011 12:32 AM by Red Shirted Ensign ]

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    Posted: 25 March 2011 12:39 AM #3

    And this is how the blackberry press explain why having phone apps on a tablet, and why a tablet sourcing from three OS’s is a great idea….

    http://crackberry.com/press-release-rim-expands-application-ecosystem-blackberry-playbook-android-apps-playbook

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  • Posted: 25 March 2011 01:05 AM #4

    RIM has demonstrated surprising strength in its core markets and the presence of RIM in the marketplace is both a counter balance to the proliferation of Android devices and a benefit to Apple.

    The more diverse and seemingly competitive the marketplace the easier Apple can move without drawing anti-trust attention.

         
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    Posted: 25 March 2011 01:32 AM #5

    I’m not sure 43% unit growth (IIRC) is “strength” considering Android and iPhone growth.

    Still growing, yes, but getting left behind fast.

    As far as AAPL goes, we’ll have to see how RIM’s perceived weakness leads to more enthusiasm in AAPL, if at all.

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  • Posted: 25 March 2011 02:06 AM #6

    Mav - 25 March 2011 04:32 AM

    I’m not sure 43% unit growth (IIRC) is “strength” considering Android and iPhone growth.

    Still growing, yes, but getting left behind fast.

    As far as AAPL goes, we’ll have to see how RIM’s perceived weakness leads to more enthusiasm in AAPL, if at all.

    I’m not counting RIM out just yet. The company has strength in the enterprise market and while the enterprise is no match for the size and strength of Apple, the company can have a competitive influence on the market.

    In my view Android is overrated as a force in the market and RIM is continuing to put out competitive product.

         
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    Posted: 25 March 2011 02:19 AM #7

    I think they are shocked they can still grow at 43% despite the iPhone and Droid onslaught.

    The period of enormous transition will last 2 more years before they actually start to lose money and end like Palm.