In a much anticipated announcement, BlackBerry maker Research in Motion gave some grim news and cagey information about its financial situation and their new Playbook tablet. According to them, their net income for this past quarter was $695 million. This might seem like a lot, but it's pretty dismal compared to a net income of $934 million in the previous quarter, and $769 million in the same quarter last year. On top of the lousy financials, the company announced that it had shipped 13.2 million BlackBerry phones and 500,000 Playbook tablets. The fact that these are shipping and not sales numbers is particularly significant; RIM can ship as many units as it wants, but it won't matter if those tablets are sitting in packing crates or in retailer's stock rooms. The lack of sales numbers on the new Playbook tablets, which were released in April, and lower-than-average income would seem to suggest that the Playbook is a flop.Read More
The NCAA men's basketball tournament is already kind of geeky. In much the same way that fantasy football affords football fans the ability to pour over quarterback ratings and yards after catch, March Madness is a joyous time for college basketball fans to nerd out over a team's quality wins and RPI.
In preparation for this year's tournament, the NCAA, in collaboration with Thought Equity Motion, has unleashed NCAA Vault on an unsuspecting population of procrastinating office workers and college students. According to Playbook, the service "contains full, commercial-free footage of 150 tournament games from the past decade — every Sweet 16 game on to the championship from 2000 through last year."
But that's not the coolest part:Read More