RIM CEO On What Went Wrong
AZA43 writes "After releasing some very ugly financial numbers in late June, BlackBerry-maker RIM went on a media blitz to downplay the significance of its latest earnings and counter increasingly negative media attention. ... But a new Q&A with BlackBerry chief Thorsten Heins offers a unique take on what exactly went wrong at RIM — Heins blames the company's downfall [partly] on LTE in the U.S. — and he actually seems genuine in his answers."
A peek into the mind of RIM's upper management.
Just thinking that Android had to put up with LTE and it did just fine. Maybe Blackberry's problem is user interface, tight control of apps, and now a crowded market with better products.
Its not being ready for LTE that kill them, it was the lack of modernizing the user interface and modern phones that killed them.
Surely it should be: Money, Al. Huge, heaving, throbbing piles of money, more money than you'll ever see in your entire life, more money than you can possibly imagine.
No matter how much of this festering dinosaur I have to carve off and throw to the dino-wolves, there will still be more than I can eat, and I'm going to gorge myself on its rotting corpse until we're down to the lips and asshole.
If you were blocking sigs, you wouldn't have to read this.
I just read RIM has sold one of their corporate jets [theglobeandmail.com] in order to stay afloat. That's pretty desperate.
Yes.
Clearly, RIM should have kept all the corporate jets and ask for a government bailout, the same way GM & Chrysler did.
RIM would get bonus points if they actually flew on their corporate jets to go and ask for a government bailout, the same way GM & Chrysler did.
That link led me to this Dvorak gem, too: http://www.marketwatch.com/story/apple-should-pull-the-plug-on-the-iphone
Let's face it, most of us are scoffers. But moments before zero hour, it does not pay to take chances.