Can RIM bounce back? Take the long view

Can RIM bounce back? Take the long view On ZDNet,   looks at one investor’s opinion. “There are two things that may keep the company from falling to its knees, according to Watsa: RIM has no long-term debt, and it still has $2.1 billion in cash on hand. If the company is looking for a comeback, it’s a strong position from which to start,” he writes.

WD soaked in sales cash bonanza after Thai flood hell On The Register, Chris Mellor reports on the figures. “WD has included just three weeks of acquired Hitachi GST’s earnings, $614m, in its third quarter fiscal 2012 results, but even so has seen a pronounced increase in revenues to $3.035bn, up ever so slightly more than 50 per cent from the previous quarter’s $2bn, and a 35 per cent increase on last year’s third quarter,” Mellor writes.

NetSuite cloud ERP revenue: Lifted by VARs, channel partners On Talkin’ Cloud, provides some details. “NetSuite claims customers are migrating from on-premise solutions like Sage and Microsoft Dynamics GP to NetSuite’s cloud-based ERP system. In some cases that’s certainly true, but Microsoft also has indicated that its own Dynamics business has been growing at a healthy pace – though much of the growth talk usually involves Dynamics CRM,” he writes.

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Harmeet Singh
Harmeet Singh
Harmeet reports on channel partner programs, new technologies and products and other issues relevant to Canada's channel community. She also contributes as a video journalist, providing content for the site's original streaming video. Harmeet is a graduate of the Carleton University School of Journalism.

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