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Author: KeitaiOtaku Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2325  
Subject: Circling the Drain Date: 7/10/2012 7:51 PM
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RIM is circling down the drain, pulled in by the ultimate momentum of advancing technology. While Nokia might be hanging on by a thin thread, which is starting to fray, RIM doesn't even have a prayer to get their heads above the torrential water holding them down.

Get the picture? Now... why?

1) Not Open Source (like apple, like msft, like symbian). In other words...
2) When their latest attempt OS 10 fails, no one is going to advance it forward. In other words, why would anyone buy their product?
3) The competition is too high. With Android over-taking iOS, RIM has to approach the perfection of the Apple software to even come close to what the consumer expects.

Now... what do I think they should do?

1) Abandon their own OS.
2) Lay-off most of their employees (keeping the core that is capable of breaking out into any technology)
3) Conserve their capital.
4) Break into or create a new market.

Too many companies attempt to grasp onto what has been lost (in this case, their relationship with corporations and the consumer). The sooner they realize it, the better off they'll be.

If you are an investor, sell. If you want to play the game of watching RIM bubble up to the surface, you might as well be investing in penny stocks.

But if RIM takes serious action to change their future... then watch them. They broke the feature-phone market once. They can break some other market again.
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