Can not ping http://submissions.ask.com/ping?sitemap=http%3A%2F%2Freportsforconsumers.com%2Fvideositemap.xml. Couldn't resolve host 'submissions.ask.com'Can not ping http://api.moreover.com/ping?u=http%3A%2F%2Freportsforconsumers.com%2Fvideositemap.xml. Couldn't resolve host 'api.moreover.com'Can not ping http://search.yahooapis.com/SiteExplorerService/V1/ping?sitemap=http%3A%2F%2Freportsforconsumers.com%2Fvideositemap.xml. Couldn't resolve host 'search.yahooapis.com' Analysis: Will RIM’s Cash Hold out Long Enough?

Analysis: Will RIM’s Cash Hold out Long Enough?

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Let us be crystal clear here: survival of Research In Motion as a going concern is getting to be a suspicious suggestion. Is RIM trying to survive?

The BlackBerry maker right now announced a lot of negative headlines. The company issued a much greater than anticipated reduction for your fiscal first quarter finished May well 31. RIM is cutting 5,000 jobs, around 30% with the present staff. It wants further damages in the 2nd quarter, and also you should feel there will probably be no less than yet another quarter of red ink following that. Even worse, the company publicised that BlackBerry 10, the businesses next generation cell phone Operating-system, will probably be postponed until the 1st quarter of 2013.

That is definitely very, quite negative stories for RIM bulls. The trouble is easy. The company is staying broken by more proficient Apple, Google Android and so Windows Phone 7 (and soon Phone 8products. RIM CEO Thorsten Heins to the company’s post-report convention call thought carefully about how BlackBerry 10 is a fresh system. However that simply would seem like a massive extended shot.

Forester specialist Charles Golvin revealed that point in remarks today.

“The window for BlackBerry to stay a system with practical development potential is closing, which improvement features the speed at which it can be concluding,” he says. “In the forthcoming time frame just before the BlackBerry 10 release we hope a fresh iPhone, more Android products operating Google’s latest edition, as well as a enormous push from Microsoft behind each of the up coming variations of Windows. For the very first BlackBerry 10 device to get the interest of shoppers plus creator at its brand-new release date it’ll should demonstrate itself much better than the options by a lot – the likelihood of which is very, quite lower.

Golvin nails it. Yes, the company has a lot more than $2 billion in cash. The company includes a potentially useful patent profile. And it’s 78 million active customers. So how on the planet does everyone determine that this company includes a decent likelihood to outlive with a flood of iOS6, Windows Phone 8 and Android 4.1 products many anticipated to demonstrate up out there just before BB 10 gets here – even though fresh affordable Android products continue to pass on in to the low end with the market place, the company’s sole remaining source of power.

Down the road, there will probably be a whole new round of speak regarding how lower the company’s stock can go, however they are resource value calculations. It truly is certainly attainable that someone purchases several of the parts, in particular the patent portfolio, which along with the cash now accounts for most of RIM’s remaining value. But the heart with the subject is that the company’s performance are nonetheless on the decline, and there’s not a lot cause to foresee a BB 10-based revival.

In late investing, RIM is down $1.38, or even 15.1%, to $7.75. Did NYT abandons BB app?

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  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?
  • services sprite Analysis: Will RIMs Cash Hold out Long Enough?

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