Re: RIM Slashing Guidance and announcing layoffs
Projections were off but compared to last year at this time they are up year over year. I always find it interesting how people run with a story that if you really dig into the details you find that projections were off. The company is still raking in billions of dollars and that is nothing to sneeze at. I'd say the explosive growth was bound to level off at sooner or later. It happens to every company and RIM's growth rate has been crazy!
Is there a lot of work ahead of them. Yes. Do they need to take a real close look at everything and retool the machine. Definately. But the sky isn't falling people. It really isn't.
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