RIM is a sinking ship

This shouldn’t surprise to anyone who has been following the mobile platform market closely. RIM has been out of the game for the past 3 years. And their management structure is a joke. Hardly anyone noticed because the smartphone market has been growing so incredibly fast and RIM was along for the ride. That ride is now over apparently because even in the smartphone market’s growth stage they still can’t make money. Their stock value has dropped over dropped 40% in the past three months.

Oh, and Apple announced the BBM killer, iMessage last week. RIM now has no competitive advantages over Apple’s devices. Except Flash™ and hardware keyboards. And I wouldn’t call either an advantage. Flash™ is a vulnerability and hardware keyboard causes platform fragmentation.

Update: This is my next has a nice wrap-up of yesterday’s call.