If you mentioned that you had a BlackBerry to a friend or colleague a few years ago, you may have heard some envy. Research in Motion’s (RIM) product was solid and perfect for the on-the-go business person. Lately, though, RIM has seen it’s reputation tarnished. It has left many wondering if the company will ever really recover.
Just this year, BlackBerry has seen the PlayBook launched to lukewarm reviews and disappointing sales. Earlier in October, Best Buy announced that it was cutting the PlayBook price by $200. In September, RIM’s said it shipped only 200,000 PlayBooks. On top of all this, revenues fell sharply after a disappointing second quarter of 2011. Continue reading