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The fact that it took this long for the CEO's to step down reflects the extreme arrogance of this company. I've attended a few RIM-sponsored events in the Wate

The fact that it took this long for the CEO's to step down reflects the extreme arrogance of this company. I've attended a few RIM-sponsored events in the Waterloo, and it's downright shocking how cocky the reps and developers are. RIM appears to be living in its own little tech bubble, blissfully ignorant that pretty much everywhere else in the first world owns or will own an iPhone. This company makes a lot of money, they still have a lot of marketshare, but there's no question they are in a serious downdraft. It would be completely normal for any company in this situation to put itself up for sale. I'm a little surprised Google choose to buy Motorola Mobility rather than RIM, given that RIM has a lower market value and has more attractive assets. Regardless of what it says in the press I imagine finding a potential acquirer of the company will be the first task of the new CEO.

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martythemaniak 15y ago
"...blissfully ignorant that pretty much everywhere else in the first world owns or will own an iPhone" Speaking of living in a bubble...
- wavephorm 15y ago
  What I meant was that RIM and their execs have been insulated from the true damage being done to their business and more importantly their mindshare among developers. Apple's success with iPhone and iPad is absolutely not what I'd call a bubble.
  - cryptoz 15y ago
    You suggested that Apple has some kind of majority market share or something. They don't. Hence, your bubble is showing.
    - wavephorm 15y ago
      Depends on the metrics used, Apple has 52% of smartphone profit: http://www.forbes.com/sites/afontevecchia/2011/11/04/apple-took-52-of-smartphone-profits-on-4-2-market-share-in-q3-stock-to-hit-560/ http://www.forbes.com/sites/afontevecchia/2011/11/04/apple-t...
      - whatusername 15y ago
        But the metric your post used was Handsets, not Profit: "everywhere else in the first world owns or will own an iPhone."
        wavephorm 15y ago
        I made a generalization, I didn't use metrics. In any case, I find this type of pedantry kind of annoying. I made a point about RIM losing marketshare, my point was not about what percentage of a certain market Apple owns.
        untog 15y ago
        It's not really pedantry, though. You said that everyone does or will own an iPhone- that's demonstrably not true.
        wavephorm 15y ago
        Nitpicking one aspect of my argument that RIM declines in marketshare based on whether my argument that Apple is or will become the dominant mobile platform is most certainly the absolute definition of pedantry.
    - mbreese 15y ago
      It depends on if you are counting devices versus OS... Android sells more than iOS, but the numbers are split amongst all the manufacturers.
      - 15y ago
- deleted 15y ago
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fierarul 15y ago
>This company makes a lot of money, they still have a lot of marketshare, but there's no question they are in a serious downdraft. It would be completely normal for any company in this situation to put itself up for sale. So you would sell a profitable company with a large market share?

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martythemaniak 15y ago

"...blissfully ignorant that pretty much everywhere else in the first world owns or will own an iPhone" Speaking of living in a bubble...

wavephorm 15y ago
What I meant was that RIM and their execs have been insulated from the true damage being done to their business and more importantly their mindshare among developers. Apple's success with iPhone and iPad is absolutely not what I'd call a bubble.
- cryptoz 15y ago
  You suggested that Apple has some kind of majority market share or something. They don't. Hence, your bubble is showing.
  - wavephorm 15y ago
    Depends on the metrics used, Apple has 52% of smartphone profit: http://www.forbes.com/sites/afontevecchia/2011/11/04/apple-took-52-of-smartphone-profits-on-4-2-market-share-in-q3-stock-to-hit-560/ http://www.forbes.com/sites/afontevecchia/2011/11/04/apple-t...
    - whatusername 15y ago
      But the metric your post used was Handsets, not Profit: "everywhere else in the first world owns or will own an iPhone."
      - wavephorm 15y ago
        I made a generalization, I didn't use metrics. In any case, I find this type of pedantry kind of annoying. I made a point about RIM losing marketshare, my point was not about what percentage of a certain market Apple owns.
        untog 15y ago
        It's not really pedantry, though. You said that everyone does or will own an iPhone- that's demonstrably not true.
        wavephorm 15y ago
        Nitpicking one aspect of my argument that RIM declines in marketshare based on whether my argument that Apple is or will become the dominant mobile platform is most certainly the absolute definition of pedantry.
  - mbreese 15y ago
    It depends on if you are counting devices versus OS... Android sells more than iOS, but the numbers are split amongst all the manufacturers.
    - 15y ago
deleted 15y ago
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fierarul 15y ago

>This company makes a lot of money, they still have a lot of marketshare, but there's no question they are in a serious downdraft. It would be completely normal for any company in this situation to put itself up for sale. So you would sell a profitable company with a large market share?