As Nortel s remaining patents have recently been offered, the dark cloud of telecom trouble in Canada changes to among the people from the consortium who bought stated patents: Industry. RIM has developed in the limelight many occasions in the last several several weeks, also it seems as though the Waterloo-based telecom giant is no more the tech industry darling it was previously.
RIM released its much-ballyhooed competitor towards the iPad, the Playbook, to mixed reviews minimizing than expected sales results. Whispers have appeared that the organization might be abandoning its intends to develop a 10-inch version from the device. Reviews from the Playbook have ranged from missing all of the right moves to the own Matthew Panzarino calling it thoughtless and untested . Even individuals reviews for that device which had some positive elements for them were overshadowed through the onslaught of critical pans for that device that RIM specific to defend myself against Apple s own tablet.
The organization s infrastructure has additionally taken a beating recently. With attacks originating from inside the walls of Industry along with the recent developing of the committee to look at its leadership structure, consumer confidence is waning. Company stock hit a four-year low recently and also the corporate dominance from the Rim is sliding away. Oh, and forecasted earnings aren t searching vibrant, either.
Suffice to express, occasions aren't good in Waterloo.
But RIM just committed to the rest of the patents that Nortel offered off, possibly using the hopes that within individuals patents lies some type of reinvention or innovation that the organization can deliver towards the marketplace. This is also entirely possible that it might be simply attempting to generate revenue by safeguarding its assets through lawsuit. At this time, it may be both or neither. That s area of the problem.
Largest for that purchase, it's apparent that RIM has virtually no direction at this time (further evidenced through the letter sent internally from the senior executive which has received much attention over the web) which RIM might be the following Nortel because its story is searching much the same at this time.
Deficiencies in focus, deficiencies in leadership, deficiencies in direction and also the resulting insufficient revenue all brought towards the gradual fall of Ottawa-based Nortel. If RIM doesn t get itself under control soon, exactly the same fate may await.
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