RIM Service Outage, Down The Drain (RIMM)

The company had previously blamed outages and interruptions in Europe, the Middle East, India and Africa on a failed switch and backup.  The outage has been either no emails, or burst emails, and the WSJ has even noted some missing emails overnight.

Talk about a company that cannot catch a break. RIM shares are ‘only’ down 1.1% at $24.13 in the pre-market trading session. 

How must it feel to have gone from the hottest smartphone in town to the industry whipping boy?  It is sad to say, but it is almost impossible to deny: the Crackberry has become the Crapberry.

JON C. OGG