Before that though... a sit rep.
Right now most of you know the Blackberry is having trouble. They've had year after year of bad news followed by bad news. Outdated products... terrible reviews... terrible press... stocks have plummeted and every quarter it seems its always more bad news.
US sales went into the toilet... and have only moderately recovered with the new BB10 phones. In fact the latest is... that the Q10 isn't selling at all and yet again... we have news stories out saying Blackberry is doomed. Now this is odd... because the BB10 phones like the Z10 are actually out-selling Samsung's Galaxy phones and iphones in europe, particularly France and Germany. BB10 has also had really strong showings in Africa and in the UK and obviously Canada.
The outlier is the US.
Well... I have this theory....
So have you ever heard of Prism? You know the thing that Snowden guy was all in a huff about that those crazy libertarians post angry rants about on Facebook? Well it turns out that PRISM was created by the Foreign Intelligence Surveillance Act of 1978 Amendments Act of 2008. Take a moment and read up a little on that.
See that date? The act was signed on 07-10-2008. Remember that.
Now... lets get back to Blackberry... or if we go back to 2008... RIM. RIM had a really good 2007. The company was growing... products were being released and selling well. They even had a big 3-1 stock split. I need to point this out because you probably don't remember that RIM was ever anything but a failure. They've been getting beat up in the press and on the stock market for so long... I'm pretty sure most of you think its just always been that way. It hasn't. In fact... there was a radical change.
Let's go back to Prism so I can tie all this together. You all know what PRISM does. It gives the NSA access to online activity. Well it turns out pretty much everyone went along with the whole PRISM scheme... except RIM.
RIM said no. Blackberry security would not be sacrificed for PRISM.
On May 30th, 2008... RIM's stock was trading at $139 per share.
Remember that date from earlier?
By September 30th... RIM's stock was at $68 per share. By November 30th of 2008 it was down to $42 per share.
And when did the stock crash start? 07/10/2008.
What I am suggesting is straight up retaliatory market manipulation by the US government. I believe RIMM refused to play by the US Government's rules... and the US Government effectively declared war on RIMM. For a long time I've wondered about the disconnect between the product in my hand and perception of the product among the general public. When I was using my Torch 2 had found that people would be shocked to learn that it could surf the web at all. Recently the CEO of yahoo even said that Blackberry's weren't even smartphones.
And why, if those perceptions are accurate, are these useless non-smart phones selling so much better over-seas than they do here in America?
One must conclude that either one of the most innovative and respected tech giants in the world turned totally incompetent and everyone realized it at the same time...
or... Something else happened.