RIM Service Outage, Down The Drain (RIMM)

If there is one company that just can’t catch a break it is Research-in-Motion Ltd. (NASDAQ: RIMM).  News that the company is having a large service outage in North and South America is only reminding Blackberry addicts that perhaps they do not truly need to be tied to a single email gateway network. 

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