Telecom & Wireless

Blackberry Outages (RIMM)

Research-in-Motion (NASDAQ: RIMM) is reporting a critical outage for its Blackberry users this afternoon.  Some outages in the past have affected some users, while others were system-wide.  This outage is system-wide for enterprise clients (large companies, government agencies, and the like) and for all network users in the Americas.

RIMM shares closed up over 5% at $94.47 today, although shares are down almost 1.5% at $93.17 in after-hours trading.

It sure looks like Steve Jobs just got a new opportunity to talk about the benefits of the iPhone, although we would caution that outages in the past have not created any major customer exodus in the past.  This may give that recent survey in favor of the iPhone one more leg up.

Jon C. Ogg
February 11, 2008

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.