Research in Motion and the Terrible, Horrible, No Good, Very Bad Week
It was an especially bad week in an especially bad year for Research in Motion. The battered company announced this morning that it has lost $485 million US from PlayBook price cuts (but hey, at least they’re selling), that BlackBerry shipments have been declining and that the company will probably not reach its projected earnings for the year. Plus, RIM’s security credentials were damaged on Wednesday when three hackers—neuralic, Xpvqs and, um, Chris Wade—claimed to have “jail-broken” the PlayBook, allowing them to run unauthorized programs and have full control over its hardware. And that same day, two RIM employees pleaded guilty to mischief charges. The pair got in a drunken dispute with attendants on an Air Canada flight and needed to be restrained. The plane, carrying 300 people en route to Beijing from Toronto, had to turn back and land in Vancouver to hand the troublemakers over to police. Their belligerence cost them $35,878 each and a suspension from RIM. Perhaps it’s best for them to take a vacation; we imagine things are a little tense at the office these days.
• Drunk RIM employees disrupt Beijing-bound flight [Toronto Star]
• RIM to miss targets, take PlayBook hit [The Globe and Mail]
• Hackers “jailbreak” BlackBerry PlayBook [CBC]
2 thoughts on “Research in Motion and the Terrible, Horrible, No Good, Very Bad Week”
That’s the American Way. Ruin it. Add code to an OEM’s app to cripple it and teethr it to a FEE. Shameless, usurous, predatory unreguatd American Capitalism at it’s finest. Totally wrecked the embedded 3G market before it hardly got off the ground, teethring fees out the whazoo, stingy caps, high rates now this PlayBook teethring crap from AT&T.When I read about how different carrier tarriffs are in Assia and Europe it just sickens me how putridly predatory the American wireless industry is in comparison. Americans need to become aware of just how different and consumer fiendly things are elsewhere so they can open their eyes and stop being innocent naieve fodder for American corporate avarice and greed.
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