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RIM turned down multiple takeover bids despite financial woes - Page 2

post #41 of 74
12/20/11 at 7:27pm
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Originally Posted by dasanman69 View Post

It's kinda fitting that they're headquartered in Waterloo.

Ohh, SNAP!
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It is like watching a train wreck in slow-mo. In 12 months time when their new OS is (hopefully) ready, their user base will have evapourated.

What losers! #FAIL
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Makes sense Amazon would be up for RiM considering their KIndle Fire is based on PlayBook engineering.

Nah, Amazon would better spend their money buying up all that T-Mobile bandwidth so they can provide a lowcost network infrastructure for their next 3/4G platform. Otherwise Apple will snap it up - and become the cell phone company of Amazon's worst nightmare.
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post #42 of 74
12/20/11 at 7:34pm
Quote:
Originally Posted by audio_inside View Post

Otherwise Apple will snap it up - and become the cell phone company of Amazon's worst nightmare.

Apple has no intention of becoming their own telecom. They'd have to buy bandwidth in every country on Earth.
PhilBoogie
That's Google alright. For a stupid company they sure do dumb things.
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PhilBoogie
That's Google alright. For a stupid company they sure do dumb things.
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post #43 of 74
12/20/11 at 7:36pm
Quote:
Originally Posted by Icaras View Post

What the? Go down... "honorably"?

This is business, not Braveheart.

Agreed. There is no honor in flushing a company down the toilet. Honorable? That is the dumbest thing I've heard anyone say about the RIM CEOs. Their actions are downright disgraceful. The sad thing is all of us saw this coming years ago and commented on it. There is no excuse for this. These guys are just bad businessmen and anyone that thinks what they did was honorable ought not ever attempt to run a high tech business.
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post #44 of 74
12/20/11 at 7:45pm
Quote:
Originally Posted by ash471 View Post

Agreed. There is no honor in flushing a company down the toilet. Honorable? That is the dumbest thing I've heard anyone say about the RIM CEOs. Their actions are downright disgraceful. The sad thing is all of us saw this coming years ago and commented on it. There is no excuse for this. These guys are just bad businessmen and anyone that thinks what they did was honorable ought not ever attempt to run a high tech business.

Notice that I didn't say it about the CEOs.
PhilBoogie
That's Google alright. For a stupid company they sure do dumb things.
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PhilBoogie
That's Google alright. For a stupid company they sure do dumb things.
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post #45 of 74
12/20/11 at 7:51pm
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Originally Posted by Kibitzer View Post

Must have been a nice truck.

LOL That made my night.
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post #46 of 74
12/20/11 at 7:53pm
"Amazon was smart not to get involved. It would be cheaper to develop their own phones, the way they did with their Kindles. Using outside expertise, they've made their job easier, and still maintain control."

yeah. cause the Fire's razor sharp software engineering is something to be sought. <sarcasm>
the Fire's capabilities may as well be that of a TracFone with a mirror and a rubber weiner attached to it. the only people who like it are ladies.
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post #47 of 74
12/20/11 at 7:57pm
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Originally Posted by triggs View Post

I Must Be Late to the Party. Why do we not like Amazon around here?

Of course you must. You are only a year (and 16 posts) old.
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post #48 of 74
12/20/11 at 8:15pm
FYI

In Canada, milk is sold in plastic bags.

"Like I said before, share price will dip into the $400."  - 11/21/12 by Galbi

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"Like I said before, share price will dip into the $400."  - 11/21/12 by Galbi

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post #49 of 74
12/20/11 at 8:19pm
Quote:
Originally Posted by island hermit View Post

Regardless of value, RIM can now announce another 5200 shipped!

Okay, I am now officially rolling on the friggin' ground laughing my goddamn ass off...

Gamers - Check out Bioshock Infinite.

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Gamers - Check out Bioshock Infinite.

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post #50 of 74
12/20/11 at 8:25pm
Quote:
Originally Posted by Tallest Skil View Post

Kudos to RIM for going down honorably.



Weren't they the ones that were rumored to be buying Apple in '96?


It would be easier to ask... Who **wasn't** rumored to buy AAPL back in those day...
Apple Fanboy: Anyone who started liking Apple before I did!
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Apple Fanboy: Anyone who started liking Apple before I did!
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post #51 of 74
12/20/11 at 10:08pm
Quote:
Originally Posted by melgross View Post

RIM is now below book value, by a fair amount; $5 per share. If they were bought, the parts would be worth more than the company as one whole.

Should we start a collection?
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post #52 of 74
12/21/11 at 4:52am
Are you trying to say that the stock price of the company went DOWN when the announced BAD news? How the heck does that work? Obviously they have different investors and analysts etc than AAPL because we all know based on watching Apple stock that the stock prices is supposed to go DOWN when you announce new successful products (that the analysts agree will be a failure) or when you announce record sales sand revenue.

What kind of mixed up world are we living in when the stock price of a company is actually based on real performance rather than speculation, rumor, and misguided analysts who just don't "get-it"?
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post #53 of 74
12/21/11 at 5:00am
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Originally Posted by lilgto64 View Post

Are you trying to say that the stock price of the company went DOWN when the announced BAD news? How the heck does that work? Obviously they have different investors and analysts etc than AAPL because we all know based on watching Apple stock that the stock prices is supposed to go DOWN when you announce new successful products (that the analysts agree will be a failure) or when you announce record sales sand revenue.

What kind of mixed up world are we living in when the stock price of a company is actually based on real performance rather than speculation, rumor, and misguided analysts who just don't "get-it"?

It's no coincidence that the word 'anal' makes up their description.

Gamers - Check out Bioshock Infinite.

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Gamers - Check out Bioshock Infinite.

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post #54 of 74
12/21/11 at 5:49am
It may sound stupid but from a political angle it sounds good. Think of it now APPLE would totally convince the Government. Apple would buy RIM kill off the brand and built all the security features in the iPhone including BBM which who cares because apple has iChat. But It would be good for Apple then Android would just basically die. Buying Rim would get Apple more Government contracts. Its just a thought what does everybody think?
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post #55 of 74
12/21/11 at 6:25am
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Originally Posted by OzExige View Post

You have to feel sorry for the (now) poor investors... don't you?

$69.86 February 15th 2011
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$13.44 December 15th 2011

Hey my AAPL goes up and down that much weekly!
Been using Apples since 1978 and Macs since 1984
Long on AAPL so biased. Strong advocate for separation of technology and politics on AI.
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Been using Apples since 1978 and Macs since 1984
Long on AAPL so biased. Strong advocate for separation of technology and politics on AI.
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post #56 of 74
12/21/11 at 6:51am
Quote:
Originally Posted by stargatesg1 View Post

It may sound stupid but from a political angle it sounds good. Think of it now APPLE would totally convince the Government.

It would never get through. Ever.

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Apple would buy RIM kill off the brand and built all the security features in the iPhone

RIM's enterprise work is really the only thing Apple could ever want out of the company.

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including BBM which who cares because apple has iChat.

No, it would be shut down.

On that note, I can't wait until RIM actually goes under and BBM gets killed off. Tens of millions of people completely lost and then they move to the ONLY alternative: iMessage.

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But It would be good for Apple then Android would just basically die.

This is so lacking in actual detail that it's laughable.

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Buying Rim would get Apple more Government contracts.

Well, government inquisitions
PhilBoogie
That's Google alright. For a stupid company they sure do dumb things.
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PhilBoogie
That's Google alright. For a stupid company they sure do dumb things.
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post #57 of 74
12/21/11 at 8:18am
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Originally Posted by christopher126 View Post

Tough, tough, tough! It's hard to see such a successful company in such dire straights. I feel for the employees and their families.

Nice sentiment. Hear hear.

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Originally Posted by christopher126 View Post

Can't help thinking back to when Steve introduced the iPhone 6 mo.'s before its release and the RIM engineers did not believe he was telling the truth about the iPhone's capabilities.

I have read that as well. But I have also heard from friends working at RIM that the story was exaggerated.

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Originally Posted by christopher126 View Post

How ironic, "Research In Motion!" their very namesake and they didn't do what Steve said...to be successful in tech u have innovate till ur 10 years ahead of everyone else.

Apple has been a consistent and impressive game changer. But even Apple has never been 10 years ahead of everyone else. Such hyperbole was part of Steve's RDF.

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Originally Posted by christopher126 View Post

7 years ago, I used to play tennis with the CEO of best western hotels and between games he would be checking his email on his BB and then he would get a phone call and it looked like he was holding a cheeseburger up to his ear! Ugh!

With all due respect, even the oldest BBs have never resembled a burger in size, shape or form.
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post #58 of 74
12/21/11 at 8:20am
Quote:
Originally Posted by Tallest Skil View Post

It would never get through. Ever.

RIM's enterprise work is really the only thing Apple could ever want out of the company.

In theory, that makes sense, at least for other prospective buyers. Apple? Even with Jobs departed, we have yet to see them take a dedicated interest in the enterprise market. Their approach seems to be that, whatever is best for the consumer, will eventually infiltrate the enterprise.
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post #59 of 74
12/21/11 at 9:11am
Quote:
Originally Posted by island hermit View Post

Thieves Make Off With 5,200 PlayBooks, RIM Confirms

A group of thieves made off with a truck carrying about 5,200 BlackBerry PlayBooks in Canada last week, Research in Motion confirmed Tuesday. The semi-trailer headed for Ontario reportedly was carrying merchandise with a retail value of between $1.7 million and $5 million.

http://www.pcmag.com/article2/0,2817,2397881,00.asp


Have at er boys!

It was an inside job. That's the only way they could get full value after the insurance claim.
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post #60 of 74
12/21/11 at 9:13am
Quote:
Originally Posted by Stourque View Post

It was an inside job. That's the only way they could get full value after the insurance claim.

You're saying it was a RiM job?



(Thank you! I've been waiting days to make that joke)

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post #61 of 74
12/21/11 at 10:02am
Quote:
Originally Posted by anantksundaram View Post

Of course you must. You are only a year (and 16 posts) old.

True. I lurked for quite awhile before that, too. I just don't feel the need to comment very often. I see Amazon as a pretty capable consumer electronics company though. Not high-end like Apple, but not everyone needs to be. So I'm curious why so many here are hating on them.
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post #62 of 74
12/21/11 at 10:46am
Quote:
Originally Posted by Tallest Skil View Post

Notice that I didn't say it about the CEOs.

It's very difficult to give up a company you've started and babied over the years, or decades, even when it's floundering. You still have the confidence you can right it. After all, you did build it up to where it is. The problems therefor can't possibly be of your making, and you WILL be able to fix them.

This is the mentality, and is why most founders get thrown out of a company after it reaches a certain size. They've done better than most, but now the problems have gotten too big.

I've had two companies, so I know the feeling. But we sold both when we felt it was time. You just have to let go.
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post #63 of 74
12/21/11 at 10:51am
Quote:
Originally Posted by SlackintoshHD View Post

"Amazon was smart not to get involved. It would be cheaper to develop their own phones, the way they did with their Kindles. Using outside expertise, they've made their job easier, and still maintain control."

yeah. cause the Fire's razor sharp software engineering is something to be sought. <sarcasm>
the Fire's capabilities may as well be that of a TracFone with a mirror and a rubber weiner attached to it. the only people who like it are ladies.

Your sarcasm is noted, but the Fire seems to be selling very well, and Amazon has released a fix for some of the problems, which as for Apple's devices, appear to be mostly software related.

You're actually saying that it would be better for Amazon to buy RIM for $10 billion than to develop their own phone? Seriously?
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post #64 of 74
12/21/11 at 10:52am
Quote:
Originally Posted by island hermit View Post

Thieves Make Off With 5,200 PlayBooks, RIM Confirms

A group of thieves made off with a truck carrying about 5,200 BlackBerry PlayBooks in Canada last week, Research in Motion confirmed Tuesday. The semi-trailer headed for Ontario reportedly was carrying merchandise with a retail value of between $1.7 million and $5 million.

http://www.pcmag.com/article2/0,2817,2397881,00.asp


Have at er boys!

BREAKING NEWS: According to unconfirmed reports, the missing truck carrying 5,200 Blackberry Playbooks has been located, apparently with vehicle and cargo intact. However, an iPad that the driver said he left on the seat of the cab is missing.

I admit to being a Fanatical Moderate. I Disdain the Inane. Vyizderzominymororzizazizdenderizorziz?

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I admit to being a Fanatical Moderate. I Disdain the Inane. Vyizderzominymororzizazizdenderizorziz?

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post #65 of 74
12/21/11 at 10:54am
Quote:
Originally Posted by studiomusic View Post

Should we start a collection?

Well, I was thinking of buying them myself when they get low enough, but sure, join the party!
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post #66 of 74
12/21/11 at 11:08am
Quote:
Originally Posted by mdriftmeyer View Post

RIM doesn't want to see all their hard engineering work go to Amazon? I now have respect for them.

Quote:
Originally Posted by christopher126 View Post

Well said.

Hard engineering they built from a blatantly stolen patent. RIM had 1 great idea and turns out it wasn't even theirs, thus now they are stuck without someone else's innovation to steal.
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post #67 of 74
12/21/11 at 11:34am
Quote:
Originally Posted by Tallest Skil View Post

They had their shot, they failed to change. They've done some great research, they don't want it getting in the hands of people who won't use it for any practical purpose.

I think you're giving them too much credit with that interpretation. I think the leaders of RIM are just too pigheaded to understand that they are toast.


Quote:
Originally Posted by Tallest Skil View Post

That's something to respect.

I don't respect blind stupidity. Little by little, bit by bit, RIM is headed for bankruptcy and a huge number of layoffs. Better they get something earlier than later, as their value just plummets.

Thompson
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post #68 of 74
12/21/11 at 3:57pm
Quote:
Originally Posted by thompr View Post

I think you're giving them too much credit with that interpretation. I think the leaders of RIM are just too pigheaded to understand that they are toast.

I don't respect blind stupidity. Little by little, bit by bit, RIM is headed for bankruptcy and a huge number of layoffs. Better they get something earlier than later, as their value just plummets.

Thompson

Did Apple have massive layoffs? I would assume so but can't recall any.

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post #69 of 74
12/21/11 at 11:50pm
I'd be amazed if MS were not tempted. They already own the rest of the Enterprise messaging ecosystem with Exchange. Beef up ActiveSync security and merge into BES. Outsource the handset business (Nokia do a good line in cheap, competent handsets). Migrate the UI to WinPhone, big boost to customer base. And they have the cash.
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post #70 of 74
12/23/11 at 1:19am
This sounds mean but even their corporate office (at least what's shown in this article)... looks old and dated.
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post #71 of 74
12/23/11 at 1:22am
Quote:
Originally Posted by Tallest Skil View Post

Kudos to RIM for going down honorably.

Slowly sinking in your own quicksand of poo ain't too honourable, IMHO.
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post #72 of 74
12/23/11 at 1:25am
Quote:
Originally Posted by Galbi View Post

FYI In Canada, milk is sold in plastic bags.

I had to Google it to see if you were pulling our legs. Holy crap that's messed up. I'm all for eco-packaging (and real "compostable" stuff, not "compostable when placed in a 1000deg oven for 10 days")... But this is just... unattractive, to say the least.
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post #73 of 74
12/23/11 at 5:39am
Quote:
Originally Posted by urbanleopard View Post

I'd be amazed if MS were not tempted. They already own the rest of the Enterprise messaging ecosystem with Exchange. Beef up ActiveSync security and merge into BES. Outsource the handset business (Nokia do a good line in cheap, competent handsets). Migrate the UI to WinPhone, big boost to customer base. And they have the cash.

Interesting. And makes sense. I'm sure they have their eye on them. They're probably waiting for the right price/lost customer ratio.

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(2) 2010 27" iMac i7, 2012 15" Retina MacBook Pro i7, 2011 Mac Mini i5
iPad 4, iPad Mini, (2) iPhone 5, iPod Touch 5, iPod Nano 7
Time Capsule 4, Airport Extreme 5, (3) Apple TV 3

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post #74 of 74
12/28/11 at 8:14pm
Quote:
Originally Posted by jragosta View Post

+1



of that total, $500 was the value of the playbooks.

the trucks worth more then the playbooks...ouch...
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