Thursday, December 22, 2005

Blackberry

Amid all the litigation news and fears of suspension of blackberry service in the US, today RIM announced their earnings. I have considered buying their stocks earlier but have never taken the dip. RIM or Research in motion is a very interesting company with a killer product ‘Blackberry’ which is so addictive that users have called it ‘crackberry’ and Andy Grove of Intel once said "It should be reported to the DEA -- it's an addictive thing,"

Mike Lazaridis from the University of Waterloo and Douglas Fregein from University of Winsdor after graduating decided to hire a few of his buddies and start a small company that would engineer products and devices for big companies. He named it Research In Motion. The first contract was to make a data display system for an assembly line at a General Motors factory. Later they also made wireless data modems, including one of the first mass-market ones for US Robotics. All that was before they created the blackberry which has became the killer product for mobile email

1 comment:

Anonymous said...

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