RIM Reports Shitty Results

Anyone with their eyes open has known for at least a year that RIM was heading for trouble like this. It was inevitable.

Let’s look at the bright side though. (Seriously, no use kicking these guys while they’re down.) One, they’re still profitable. Profits are way down, yes, but the company is still in the black. Two, even with their crummy outdated technology, they still sold 10 million phones. That’s an installed base they can start with when their next-gen phones ship.

Thursday, 15 September 2011