* Posts by Daves43

2 publicly visible posts • joined 10 Dec 2012

RIM is really in trouble when even Windows Phone 8 looks great

Daves43
Meh

Re: I believe RIM is toast

Ok, well I'm just trying to make a point that they haven't reached rock bottom yet - even as everyone is trying to count them out already!

Actually I worked at a company that went through Chapter 11 - not fun, and yes they hadn't got to complete zero in terms of "users", however they owed lots of money. From what I understand RIM still has 2 billion in cash and isn't loosing so much since their restructure. I agree that things will be tight by the time they get the new phones out the door...we will have to see...

Daves43
Stop

Re: I believe RIM is toast

Don't count them out yet, they have reinvented themselves this year and are more than capable of turning things around. There are lots of people out there wanting an alternative to iOS/Android, even if only half of the current Blackberry subscribers upgrade to BB10, thats 40 million right there, then there are the other 50% of the global population that currently dont have a smartphone, that's a huge market....When they have 0 users and $0 - then they will be toast!