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Friday, April 3, 2009

RIM Profits from Criminal Underground

I read this in Gizmodo Australia, linking to this Ian Hardy blog, which relates to a CBC (Canadian Broadcasting Corporation) story. The Blackberry is the preferred device by people with criminal intent, because of the its encrypted functions which makes it hard(er) to tap/eavesdrop.

Then the RIM news for today is that they are doing great in the recession, from Reuters.

TORONTO (Reuters) - If a deep global recession has eroded consumer confidence, you wouldn't know it by looking at the millions of people who are snapping up flashy BlackBerry smartphones made by Research In Motion.

RIM revealed on Thursday that 70 percent of the 3.9 million subscribers it added in the three months ended Feb 29 were "non-enterprise" -- the company's term for the broader consumer market

Possible conclusion :

1) In these tough economic times, illegal activities are a good source of much needed fiscal support and a some-what stable lifestyle, if done correctly (as compared to the current blue-collar situation).

2) RIM is directly benefiting from two pots. Are illegal business really so different from legitimate ones?


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