Yearly Archive: 2010

The grim reaper

Monday morning I’m on CBC’s national affairs show The Current in debate with blogger and investor Eric Jackson about the future of Research In Motion. Jackson describes RIM as GRIM. As far as he’s concerned, RIM’s best days are behind it and the company hasn’t kept up with the competition. The announcement by RIM and AT&T expected in New York on Tuesday does not impress this gloomster. If the “slider” that’s expected is anything like the photos that have leaked, then the device will be a dud, he says. Oh, BTW, Jackson is shorting the stock. I don’t much like...

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Praise from on high

Just received my copy of the British edition of BlackBerry: The Inside Story of Research in Motion. Published last month by Aurum Press, it is a handsome product with a cover slightly altered from the version available in Canada and the United States. Aurum used a photo of a different model of the BlackBerry and made some of the words “pop” nicely on the front cover and the spine. On the outside back cover, they replaced the photo of the co-CEOs, Mike Lazaridis and Jim Balsillie, with a generic shot of a young person lying on the ground with backpack...

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White on white

Everything was in white for the Queen’s visit to Research In Motion yesterday: a white lab coat for the 30-minute plant tour on the aptly named Phillip Street and white gloves on Her Majesty’s hands to receive the white BlackBerry given as a gift. Even the Porter Airlines aircraft that flew Queen Elizabeth and Prince Philip to the local airport was white. The Queen was welcomed by thousands of local residents, Ontario Premier Dalton McGuinty and other politicians, as well as Mike Lazaridis, RIM co-CEO and co-founder, who invited his parents, Dorothy and Mike, to the occasion. The Queen even...

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A Passage to India

Ken McGuffin, manager of media relations at the Rotman School of Management, emailed me today to say that he’s in Mumbai and saw my BlackBerry book on the shelves in the several bookstores he visited. “Unfortunately,” he quipped, “you’re not a hit here until the guy on the sidewalk selling the counterfeit books is selling it as well.” I take his point. BlackBerry is about to go on sale in China. I have this nightmare that one copy is sold and then the rest are pirated. In fact, such activity is already happening right here in North America. There’s a...

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Good results, bad outcome

What does a company have to do to drive share price higher? Research In Motion yesterday announced excellent first quarter results: revenue up 24 per cent, earnings up 41 per cent and shipments up 43 per cent. In total, RIM has shipped more than 100 million BlackBerrys, about twice as many as Apple has sold iPhones. To put this success in another context, in its first five years of BlackBerry sales from 1999-2004, RIM signed up a total of one million subscribers. During the most recent three-month period, RIM signed up almost five million new subscribers. If you thought such...

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