Canada

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[–] baines@lemmy.cafe 0 points 4 months ago (3 children)

bb died because its product got cheap, then it got stale

i worked for verizon wirless in bbs heyday until their collapse to the iphone

apps were not the issue because they didn't have the hardware to support them

palm went the same way before them

suits just can’t help themselves cutting quality into the ground, refusing to invest in future tech

apple is literally doing the same thing now, it’s just there is no real competitor in quality or innovation atm, only price and control and google just threw apple a huge bone chasing their own walled garden

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[+] ProudCanadianCitizen@lemmy.ca 3 points 4 months ago (3 children)

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[–] baines@lemmy.cafe 1 point 4 months ago (2 children)

they never had the hardware to support the app

even if they day 1 pivoted to supporting said apps bb had no way to make them feel good

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[–] GrackleBirb@lemmy.ca 2 points 4 months ago (1 child)

As someone who worked there in product management we were late on both the hardware and support for apps along with our reluctance to adopt cameras when the iPhone first launched. We doubled down on being business friendly but it turns out businesses wanted the same features that gave Apple instant success in the consumer market. Those were crazy fun times - that’s what brought me to Ontario and kept me in Canada. A lot of smart underutilized people still living in Waterloo Region who were part of it.

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[–] baines@lemmy.cafe 1 point 4 months ago

makes sense, i remember how fast it moved from LG Dare trash touch screen to 1st gen iphone

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[–] baines@lemmy.cafe 6 points 4 months ago* (last edited 4 months ago) (7 children)

lol no

Following a years-long restructuring effort that included selling 32,000 patents for up to $900 million in 2023, the smartphone pioneer that was once left for dead is showing signs of growth

with that kinda money it could have just sat in the stock market

it made 53 million lololol

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[+] ProudCanadianCitizen@lemmy.ca 4 points 4 months ago (2 children)

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[–] baines@lemmy.cafe 1 point 4 months ago (1 child)

yep, for them to have made 900mil means it was likely worth so much more

like selling a discogrophy

something kinda fishy

maybe china spooked them

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[+] ProudCanadianCitizen@lemmy.ca 1 point 4 months ago (1 child)

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[–] baines@lemmy.cafe 1 point 4 months ago

china ignoring patent rights tends to do that

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[–] No_Maines_Land@lemmy.ca 1 point 4 months ago (4 children)

What's rhe value proposition of sitting in the stock market?

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[+] ProudCanadianCitizen@lemmy.ca 2 points 4 months ago (1 child)

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[–] No_Maines_Land@lemmy.ca 1 point 4 months ago

That's not the direction RIM/BB has taken through it's history.

I mean, it did try outsourcing manufacturing, but as a reactionary and emergency measure, rather than planned one.

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[–] baines@lemmy.cafe 1 point 4 months ago* (last edited 4 months ago) (2 children)

more than 53 mil from over 900 mil

with enough money 10% is easily safely assured dividends, bonds etc

with the current stupid market 30% would have been pretty easy 3year, my return’s been over 20% with rather conservative target retirement and some large cap

hell 2026 was the first year of profit so two years were not so 53mil profit is like 2% rolling

you can make that in a savings account and spread out that is fdic insured

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[–] No_Maines_Land@lemmy.ca 1 point 4 months ago (1 child)

Yes, but that doesn't provide any products or services to anybody.

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