Monday, April 2, 2012

CrackBerry's RIMM is not dead podcast has their view of the most recent Conference Call from Research in Motion(RIMM). The first ~35 minutes are a great discussion of what is going on in the industry now and where RIM should be....

"As promised, we recorded a CrackBerry podcast today to discuss all of the news and fallout surrounding yesterday's Q4 earnings announcement by RIM. We've seen a lot of straight up bad news reporting over the last 24 hours since CEO Thorsten Heins spoke on the investors call which took a lot of statements at partial value (no, RIM is not abandoning the consumer market and no, the company is not getting sold off tomorrow - reporters need to learn to wait until a call is done before writing their stories). We've also seen a mix of reactions on the blogosphere today at both extremes, with titles ranging from RIM is Dead to It's Time to Believe in RIM Again. Fun stuff. On CrackBerry we gave a straight up assessment of RIM's weak results, and appreciated Heins' matter of fact way in speaking about them and the challenges ahead.

We spend the first half of the show talking about why RIM isn't dead just yet. Between yesterday and today nothing has really changed for RIM. The challenges and work to be done are the same as they have been for the past several months. They need to keep the RIM boat afloat on BlackBerry 7 and service revenue streams for a couple more wavy quarters while they bring BlackBerry 10 to market. With cash in the bank, despite slowing sales they still have time to execute on their already in motion plans. BlackBerry 10 phones are going to need rock solid hardware, software, apps and some carrier love to make a splash and set things up for a comeback, but even if things don't go quite to plan we think RIM's Plan B can keep them fighting in the mobile space. You'll definitely want to listen in."

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