It’s nice to see a great Canadian company hitting the hockey stick part of their growth curve.
Research in Motion added almost 400,000 subscribers last quarter to reach 2 million, after getting to 1 million in February of this year. The company generated more than $90 million in profit on sales of $366 million. The market cap today is $15 billion. Executives say the company is focusing on reaching 5 million then 10 million subscribers.
One of the co-CEOs was on Kudlow and Cramer the other night. He said they now have an application development platform and that next year they will be offering location-aware services.
I already use my Blackberry for Google phonebook searches, using the integrated web browser. (I also use Google SMS). But the thought of location aware Google Local or Yahoo Local searches on my Blackberry really gets me excited.
I’ve gone through 4 RIM Blackberries since they were introduced and absolutely love them. The thumb key pad is awesome–I can type more than 50 words per minute now. And I can take notes everywhere without pulling out a laptop and booting up. (At church I always feel a need to explain to church goers around me that I’m taking notes–not playing games.)
Until I saw a news release a few months back about Lexis data being made available to Blackberry users, I hadn’t consider that the Blackberry could be a development platform for all kinds of third party software and data services. But since I consider it the most usable of all the portable computing devices I have used (because of the thumb keypad, the scroll wheel, and the integration of cell phone services with the address book and email), I’m definitely going to investigate their application development environment further.
I have said this before and I will say it again–the single best productivity investment an entrepreneur can make is to purchase a Blackberry and stop using desktop computer time for email. I seem to get an extra 1-2 hours of productivity each day from my Blackberry.