Friday, December 02, 2011

RIM Writes Off Value of Tablet Inventory - NYTimes.com

Not lining up to be a happy holiday season for RIM

The PlayBook charge comes as analysts have started to conclude that RIM's management has no chance of really righting the ship. They've started to value the company not on its future prospects, but on how much it would be worth if acquired, broken up, or simply run down while keeping BlackBerry service going.

The company is also taking a charge of $50 million for an embarrassing October outage of email and Web services that lasted days for millions of overseas BlackBerry users. It briefly spread to the U.S. and Canada before the company was able to contain the damage.

RIM Writes Off Value of Tablet Inventory - NYTimes.com

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