Tech

Tech Rumor of the Day: RIM

 

Research In Motion's (RIMM) trusty old BlackBerry operating system is starting to look dumb in an advancing smartphone developers' race.

With the arrival of the Palm (PALM) Pre and its WebOS system, the continued success of Apple's (AAPL) iPhone 3.0 update and the rise of Google's (GOOG) Android, the bar on phone software has been raised.

And RIM, for all its sleek hardware designs and killer email simplicity, is now looking to some like a laggard in mobile computing.

The chorus of criticism is getting louder as people point to the BlackBerry operating system -- the brains of the phone -- as RIM's biggest vulnerability.

Smart Phones

On the company's May 30 earnings conference call, Goldman Sachs analyst Simona Jankowski asked what was "holding up the pace of innovation ... to remain competitive with some of the newer operating systems out there?"

And more pointedly, a BoyGeniusReport blog post Tuesday said RIM has 90% of the smartphone success solved "but that last 10% has become the most important," referring to the software. "It's inexcusable that people put up with a 2003 operating system with so many limitations and restrictions it would make Ahmadinejad jealous," BoyGenius wrote.

So where exactly is RIM falling down?

For starters, the iPhone, the Palm Pre and the Android phones are touchscreen devices that let users point, click and basically gesture their way through Web pages and icons to navigate the device. And like mini computers, these devices let users download and run big applications.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet