This just gets better for RIM. Indonesia is the latest country to want RIM to grease up and bend over grant them access to what their Blackberry subscribers are doing. This is having a clear effect on their stock price which is below $55 as I type this. That’s not good for RIM. But here’s something that might be, the US is going to bat for them:
“We’re in touch with them, we’re going to understand what their concerns are, what their plans are and then we’ll have more to say,” department spokesman Philip J. Crowley told reporters as the controversy mounted today.
“There are legitimate security concerns attached to certain technologies and the flow of information around the world,” Mr. Crowley said. “We understand those concerns; at the same time we do support the flow of information, the availability of technologies that empower people.”
It’s interesting that the US Government is going to bat for a Canadian company. I’m guessing that it has something to do with the fact that they are big RIM customer from what I hear. Oh if that’s not enough, here’s what one of RIM’s co-CEO’s had to say:
Yesterday, as it unveiled its new BlackBerry Torch, RIM said its security architecture is the same the world over and, in an interview with The New York Times, co-CEO Mike Lazaridis said “we’re not going to compromise that. That’s what’s made BlackBerry the Number 1 solution worldwide.”
It sounds like RIM is willing to lose market share rather than give up the keys to the kingdom. Good for them!
UPDATE: I just found this Wall Street Journal article where Mike Lazaridis said this:
“This is about the Internet,” Mr. Lazaridis said. “Everything on the Internet is encrypted. This is not a BlackBerry-only issue. If they can’t deal with the Internet, they should shut it off.”
Ouch.
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Indonesia Joins The Anti Blackberry Party…. But RIM Takes A Shot Back [UPDATED]
This just gets better for RIM. Indonesia is the latest country to want RIM to grease up and bend over grant them access to what their Blackberry subscribers are doing. This is having a clear effect on their stock price which is below $55 as I type this. That’s not good for RIM. But here’s something that might be, the US is going to bat for them:
“We’re in touch with them, we’re going to understand what their concerns are, what their plans are and then we’ll have more to say,” department spokesman Philip J. Crowley told reporters as the controversy mounted today.
“There are legitimate security concerns attached to certain technologies and the flow of information around the world,” Mr. Crowley said. “We understand those concerns; at the same time we do support the flow of information, the availability of technologies that empower people.”
It’s interesting that the US Government is going to bat for a Canadian company. I’m guessing that it has something to do with the fact that they are big RIM customer from what I hear. Oh if that’s not enough, here’s what one of RIM’s co-CEO’s had to say:
Yesterday, as it unveiled its new BlackBerry Torch, RIM said its security architecture is the same the world over and, in an interview with The New York Times, co-CEO Mike Lazaridis said “we’re not going to compromise that. That’s what’s made BlackBerry the Number 1 solution worldwide.”
It sounds like RIM is willing to lose market share rather than give up the keys to the kingdom. Good for them!
UPDATE: I just found this Wall Street Journal article where Mike Lazaridis said this:
“This is about the Internet,” Mr. Lazaridis said. “Everything on the Internet is encrypted. This is not a BlackBerry-only issue. If they can’t deal with the Internet, they should shut it off.”
Ouch.
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This entry was posted on August 4, 2010 at 9:46 pm and is filed under Commentary with tags RIM. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.