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    Article: What to Make of RIM Having $1 Billion of Unsold BlackBerrys & Hiri

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    richmo58's Avatar
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    Well, if they're sitting on $1B of equipment, I'd be willing to help them relieve some warehouse space if they'd like to give me a Bold (or Torch) and a Playbook.

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    Quote Originally Posted by richmo58 View Post
    Well, if they're sitting on $1B of equipment, I'd be willing to help them relieve some warehouse space if they'd like to give me a Bold (or Torch) and a Playbook.
    Plus One on that, richmo58! C'mon RIM, time for a garage sale!

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    I think the Osborne Effect has taken place. From this link:
    Despite early success, Osborne struggled under heavy competition. Kaypro Computer offered portables that, like the Osborne 1, ran CP/M and included a software bundle, but Kaypro offered larger 9-inch screens. Apple Computer's offerings had a large software library of their own and with aftermarket cards, could run CP/M as well. IBM's 16-bit IBM PC was faster, more advanced, and offered a rapidly growing software library, and Compaq offered a portable computer that was almost 100% compatible with IBM's offering. Osborne's efforts to raise $20 million in capital to rush an IBM-compatible computer to market were unsuccessful.

    The final blow occurred in 1983, when Adam Osborne boasted about an upcoming product months before it could be released, killing demand for the company's existing products. It is unclear whether this boast was about the Osborne Executive, which was released in May 1983 for $2,495 and featured a 7-inch screen and did not sell as well as its predecessor, or, more likely, the Osborne Vixen, a smaller portable that promised to offer compatibility not only with earlier Osborne models but also with MS-DOS, allowing it to run software designed for IBM and Compaq computers. Dealers rapidly started cancelling orders for the Osborne 1.

    Unsold inventory piled up and in spite of dramatic price cuts--the Osborne 1 was selling for $1295 in July 1983 and $995 by August--sales did not recover. Losses, already higher than expected, continued to mount, and OCC declared bankruptcy on September 13, 1983. This marketing blunder came to be known as "Osborneing" and the phrase circulated in Silicon Valley for the next decade.
    RIM might want to consider offering a BB10 device at a cheap cost to anyone who buys a BB7 device between now and the release date of BB10.
    Laura

    Follow me on Twitter @lak611

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    Delfim's Avatar
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    EH...! They can give that excess stock of Playbooks, Bolds and Curves away for free.
    The money they will generate from the carriers (BIS and BES) will be better and ongoing. Rather that, than sitting with the lot in the warehouse... 1 billion worth of stock generating about 5 bucks a month for each smartphone or tab is a good business...at least the´re not dead.

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    If they gave a playbook away I'd consider using one.
    Aside from one amazing new device that's the only way I'd go back to Blackberry.

    I have an old 8310 sitting around if anyone wants it

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    Quote Originally Posted by jfcooley View Post
    If they gave a playbook away I'd consider using one.
    Aside from one amazing new device that's the only way I'd go back to Blackberry.

    I have an old 8310 sitting around if anyone wants it
    Send it my way, especially if it's gsm - the 8310 Curve is still going for about $100 on ebay, I can use the cash.

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    Quote Originally Posted by Mark Stone View Post
    Send it my way, especially if it's gsm - the 8310 Curve is still going for about $100 on ebay, I can use the cash.
    I didn't know that. Just checked because I had forgotten who we got it with. It's AT&T. I remember now it's what I replaced the OG iPhone with.

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