I have to learn to quit defending BlackBerry. It’s a large corporation that still rakes in the dough. It doesn’t need little old me to stand between them and a bully knocking it’s style.
Yet, after reading an article on CNet called “There’s still a lot to like about RIM. Seriously” I feel compelled to summarize and share a little.
RIM’s stocks have gone down. But they’re far, far from dying out any time soon. Some key points I noted were;
- RIM generated “more than $5 billion in revenue and nearly $900 million in cash flow from operations in a quarter”
- RIM is preparing to name a new chairman and strip the title away from Lazaridis and Balsillie–a move that could bring a more objective view to the direction of the company.
- “BlackBerry’s brand, which may have lost its luster a bit in the U.S., is still strong overseas.”
- “RIM’s subscriber base actually grew 35 percent over a year ago to 75 million users in the fiscal third quarter.”
- “RIM also has a collection of intellectual property that still gives the company additional value.”