04-29-2011 10:15 AM
RIM stocks dropped 13% from yesterday and JP Mogran Chase reduced RIM's future value from $63 to $50. This has happened because of low BB sales and RIM lowering its estimated sales.
Personally I am a little scared about RIM's future prospects now. How do u guys think its gonna affect small developers like us??
04-29-2011 10:26 AM
04-29-2011 10:30 AM
I could care less about RIM's stock. You know what affects me? Spending a month making a nice game, and then watching it get single-digit downloads each day despite a 4.5 star rating. I still don't even have the developer's PlayBook which they assured would be shipped on the 22nd. The whole PlayBook experience has been nothing but a list of reasons to discontinue developing on RIM's platforms.
But yeah, sucks about the stock. They're lucky it's as high as it is, considering their top device is roughly equivalent to an iPhone 3GS, and everything else is even farther behind.
04-29-2011 10:35 AM
It was already clear that RIM needed to make big changes. They're working on those but they're not nearly all there yet. First and foremost RIM needs new handsets that are a match to the competition. Their current lineup is hopelessly outdated. Let's hope they'll announce some good stuff next week and things might pick back up again.
Im sure RIM's senior management knows that change takes time and therefore I have no doubt they've expected this somewhat.
04-29-2011 10:39 AM
04-29-2011 10:51 AM
04-29-2011 10:56 AM
04-29-2011 11:00 AM
04-29-2011 11:08 AM