What's the Cost of a BlackBerry Blackout?: The Ticker

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By Kirsten Salyer

Don’t worry “CrackBerry” addicts, BlackBerry services are being restored, and the co-CEO wants you to know he’s sorry.

The service disruptions, which began in Europe, the Middle East and Africa on Monday and spread to India and then the U.S. late Tuesday, halted messaging and Web browsing and caused a flurry of complaints.

The backlash doesn’t bode well for Research in Motion Ltd., which may face compensation claims from outraged users looking for refunds for lost hours, Bloomberg News reported today. In New York trading today, RIM closed down 1.1 percent to at $23.61.

Mike Lazaridis, the company’s co-CEO, apologized today for the frustration. But with competition fierce in the mobile market, will it be enough to calm users disgruntled by the disconnection? (Remember the Netflix lesson in CEO apologies?)

In the last few days of widespread BlackBerry blackouts, I wonder how many BlackBerry users have been eyeing the new iPhone, set to hit stores tomorrow. Better get in line -- they’re already sold out for pre-order at U.S. carriers.

(Kirsten Salyer is the social media editor for Bloomberg View.)

-0- Oct/13/2011 21:06 GMT