RIM's Secret Growth Plan For The BlackBerry (RIMM)
Research In Motion shares are down 15% today after the company reported lousy results last night and gave a tepid forecast for the November quarter. (RIM's Christmas sales don't happen in earnest until December, so the February quarter is arguably more important. But that's still a long way away.) In the meantime, we'd like to point out something that RIM co-CEO Jim Balsillie hazily mentioned several times during yesterday's earnings call as a potential growth driver for the BlackBerry: Some new sort of top-secret services platform that the company will be unveiling during its developer conference later this year. At one point, during a long rant on the call, he said: "...we are definitely still getting good margins on this but we absolutely invest in it and fair price into it and also build a services platform and you are seeing some very early indications of that, but you are going to see much more of that at our dev conference. You will start to see the plat...