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  • RIM Slashes 2000 Jobs

    Smartphone giant manufacture, RIM plans on slashing 2,000 as they announced today. Thats 11% of all RIM employees. Their first quater of 2011 took a 10% drop in profit and the value of there stock also dropped to half

    We suspect this having losing a big part of the smartphone industry to Google's Android platform and Apple's iDevices.

    Blackberry tried to complete in the tablet world with Blackberry Playbook but came short, consider as a failure due to lack of developers and apps in there market, and not having release a SDK or software development kit off the bat did more bad than good.

    They also haven't brought anything head turning to the table as of lately.
    Comments 2 Comments
    1. strudinox's Avatar
      strudinox -
      That's really too bad This is a good example of why staying ahead of the competition is important.
    1. TheCraven's Avatar
      TheCraven -
      They recently held a summit with top investors and heads of the company. The CEO himself said that nothing was wrong, and that their business was still thriving. This arrogance is simply intolerable. In the smartphone market, companies have to be ready to adapt and change on a moment's notice, bringing new and innovative products and technologies to the table. RIM has failed to do this time and time again, and have effectively been stomped out of all but limited enterprise markets. Even RIM's biggest consumer group (business users) has begun making the move to Android and iOS. I'll give them about 3 years, and then I say they'll go bankrupt, ending their repetitive cycle of releasing a new clone of their very first cellular device each year.