Just got a BBM - All is not well. Research in motion (RIM) may have to shell out a whopping $147.2 Million in patent litigation fine. Unless they can get this verdict overturn, this will surely break RIM's back. RIM is fast loosing its market share to +Android and iPhone. Its stock has fallen by more than 70% in past year. Dark days lie ahead for them.
In the day and age of innovative cool gadgets and of customers with purchasing power, RIM has to work harder to regain the lost ground or at least hold on to what they have by staying relevant. However, after reading interview of Mike Lazaridis, Co-CEO and founder of Research In Motion with PC Magazine at CES 2011, it seems that RIM is not as concerned about the competition. It is also not clear whether RIM's strategy is to stick with its core enterprise, business, and government customer base or expand into larger consumer user base especially in non-US or European markets such as Indian Subcontinent, etc.
RIM's devices are increasingly irrelevant for general consumers and with iOS now providing secure exchange support, enterprises may just adopt non-RIM options as well. In short, RIM is sailing through some troubled waters and a big storm is yet to come.
RIM Loses $147,200,000 in Patent Verdict
Research In Motion has been ordered by a California jury to pay $147,200,000 to Mformation Technologies.
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In the day and age of innovative cool gadgets and of customers with purchasing power, RIM has to work harder to regain the lost ground or at least hold on to what they have by staying relevant. However, after reading interview of Mike Lazaridis, Co-CEO and founder of Research In Motion with PC Magazine at CES 2011, it seems that RIM is not as concerned about the competition. It is also not clear whether RIM's strategy is to stick with its core enterprise, business, and government customer base or expand into larger consumer user base especially in non-US or European markets such as Indian Subcontinent, etc.
RIM's devices are increasingly irrelevant for general consumers and with iOS now providing secure exchange support, enterprises may just adopt non-RIM options as well. In short, RIM is sailing through some troubled waters and a big storm is yet to come.
RIM Loses $147,200,000 in Patent Verdict
Research In Motion has been ordered by a California jury to pay $147,200,000 to Mformation Technologies.
0 0 Powered by socialditto Just got a BBM - All is not well. RIM may have to shell out a whopping $147.2 Million in patent litigation fine. Unless they can get this verdict overturn, this will surely break RIM's back. RIM is fast loosing its market share to Android and iPhone. Its stock has fallen by more than 70% in past year. Dark days lie ahead for them.
In the day and age of innovative cool gadgets and of customers with purchasing power, RIM has to work harder to regain the lost ground or at least hold on to what they have by staying relevant. However, after reading interview of Mike Lazaridis, Co-CEO and founder of Research In Motion with PC Magazine at CES 2011, it seems that RIM is not as concerned about the competition. It is also not clear whether RIM's strategy is to stick with its core enterprise, business, and government customer base or expand into larger consumer user base especially in non-US or European markets such as Indian Subcontinent, etc.
RIM's devices are increasingly irrelevant for general consumers and with iOS now providing secure exchange support, enterprises may just adopt non-RIM options as well. In short, RIM is sailing through some troubled waters and a big storm is yet to come.
RIM Loses $147,200,000 in Patent Verdict
Research In Motion has been ordered by a California jury to pay $147,200,000 to Mformation Technologies.Powered by socialditto
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In the day and age of innovative cool gadgets and of customers with purchasing power, RIM has to work harder to regain the lost ground or at least hold on to what they have by staying relevant. However, after reading interview of Mike Lazaridis, Co-CEO and founder of Research In Motion with PC Magazine at CES 2011, it seems that RIM is not as concerned about the competition. It is also not clear whether RIM's strategy is to stick with its core enterprise, business, and government customer base or expand into larger consumer user base especially in non-US or European markets such as Indian Subcontinent, etc.
RIM's devices are increasingly irrelevant for general consumers and with iOS now providing secure exchange support, enterprises may just adopt non-RIM options as well. In short, RIM is sailing through some troubled waters and a big storm is yet to come.
RIM Loses $147,200,000 in Patent VerdictResearch In Motion has been ordered by a California jury to pay $147,200,000 to Mformation Technologies.
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