Beleaguered RIM posts loss of $114 million; sales tumble 47%; 1 million subscribers lost last quarter

“Research In Motion reported a smaller-than-expected quarterly loss on Thursday, but recorded the first-ever drop in its subscriber base barely a month before the crucial launch of the new BB10 smartphone line,” Euan Rocha reports for Reuters.

“Excluding one-time items related to restructuring and other issues, the struggling BlackBerry maker reported a loss of $114 million or 22 cents a share,” Rocha reports. “The company said its subscriber base in the quarter fell to about 79 million from about 80 million in the period ended September 1.”

Read more in the full article here.

“BlackBerry maker Research In Motion reported that sales fell through the floor last quarter,” David Goldman reports for CNNMoney.

“RIM said it is likely to report another loss next quarter as it ramps up its marketing campaign for its new BlackBerry 10 operating system and smartphones, which are slated to go on sale Jan. 30,” Goldman reports. “The company said its sales until then will likely take a hit.”

MacDailyNews Take: Yeah, “until then.” The RIM zombie’s got some magical thinking going on.

“Sales during the quarter fell 47% to $2.7 billion,” Goldman reports. “RIM said it shipped just 6.9 million BlackBerry phones and 255,000 PlayBook tablets over the past three months.”

MacDailyNews Take: To where did they ship those PlayBooks, the Waterloo landfill?

Goldman reports, “Hopes aren’t high for the future of the platform. After dominating the smartphone market for years, RIM controlled less than 5% of smartphone sales in 2012, and it will own just 4% of the market in 2016, according to IDC forecasts.”

Read more in the full article here.

MacDailyNews Take: “RIM. Dead Company Walking.” – MacDailyNews, August 5, 2010

Related article:
Beware the sucker’s rally in beleaguered RIM, Nokia – December 18, 2012

26 Comments

      1. If that’s the case I’d forget about applying to the contextual police, and obviously the grammar police.

        This figure expressing onomatopoeia may help figure out what the BMWTwisty figure meant by figger:

        1. If you had your way, there would be no rules for spelling or grammar and would abolish auto spell checking. We could all go back to a grade one or two level of intellect and be satisfied with exchanging grunts and yells. I believe that we need some sort of standards that help us clearly understand one another.

          1. Children do not operate on rules and regulations but rather by connective features, until the rules and regulations supplant this, around grade one. Grunts and yells are perfectly fines modes of communication for many species. Along with songs, body movements and displays advanced communication can be established.

            I do realize that standards do help with understanding, however to rely solely on “standard” English would stifle the evolution of the language and we would not be able to add words like “doh”, “grok” or “iPad” if that were the case. Not to mention the incredible plethora of acronyms like ROTFLMAO and the onomatopoeia features of saying or typing something like “ya all cum back here now” instead of “you all come back here now”.

            Many jokes rely on non standard features: “We were at a party feeling Merry. She got up so we jumped for Joy.” may not make standard sense but as it sounds identical to “We were at a party feeling Mary. She got up so we jumped for Joy.” it ends up being a funny joke.

            Humor often transcends normal standard rules and regulations and yet it is an effective mode of communication.

            Now BMWTwisty made a post that was perfectly clear to me, “figger” may have been a typo or an interjection of humor on the term “go figure”.

            Your post is funny too, your first sentence says that you have no idea, your second sentence is an idea. That’s hilarious. It is very different from a post that would be “I have no idea what “figger” is, could you explain it to me?” OR “I have an idea what “figger” is. Perhaps you mean “Go figure it out”

            It’s even funnier if you consider the way your post should be been written. Following the standards of the language I think it should have been something like:

            I have no idea what ‘figger’ is? Perhaps you mean ‘Go figure it out’.

            At any rate, I understood you both, and I would not be surprised if most readers got the intent of “figger”, unless of course the original post was about Adam and Eve. Then “fig her” might be valid, except that Adam and Eve did not speak English to my knowledge.

            Happy holly daze 313c7ro, I look forward to reading more of your posts at this sight. I’m a bit of a fan.

  1. RIM had their heads in the ground for many years, riding on the success of their closed commercial offerings. Until Apple came along and changed the game, putting powerful tools into the hands of consumers, which then overspilled into the corporate world. RIM was caught unprepared for such a dynamic shift in buying choices. Their products were always crap, but they worked well enough. 79 million users is still a goldmine of revenue opportunities. Let’s hope they have smartened up and their new BB10 offering gets them back on track. I used to be anti-BB because of their pathetic attitude, but I’m letting go of that and being optimistic that they can turn their ship around.

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