RIM writes a list of terrible things that could happen (or already have happened)
Research in Motion’s annual information form isn’t as dry as it sounds—if you ask the Globe and Mail, it reads “like a confessional by a fallen giant.” The paper reports that the risk factors (a.k.a. “things that could go wrong”) section of the filing has grown by a whopping 10 pages since last year, and last year’s top risk (that RIM “may infringe on the intellectual property rights of others”) has been superseded by other, more urgent concerns—33 of them, actually. The document as a whole betrays a sense of deep anxiety, particularly over the delayed Blackberry 10 smartphone and RIM’s ability to compete in the apps race. It also contains disheartening references to past failures: product delays, service outages, market share lost to fancier devices and PlayBook problems. Once again, RIM is admitting that the fast-moving tech industry is a risky business (and not in a fun, Tom Cruise kind of way). [The Globe and Mail]
They can take their time and keep coming out with superior products as they always have. I have a BlackBerry and don’t plan on ever joining the touchscreen-bird launching-pointless app gathering-sheep ever!