Friday, December 16, 2011

RIM Net Falls on PlayBook Charge - WSJ.com

More dark days for RIM

The crisis at Blackberry maker Research In Motion Ltd. showed no sign of lifting Thursday, as the company said a long awaited product revamp would be delayed until late 2012.

The company's weak earnings pushed its stock to new seven-year lows in after-hours trading, raising fresh questions about how the company can survive against relentless competition from Apple Inc. and Google Inc.

More succinctly, from an All Things Digital RIM post:

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RIM Net Falls on PlayBook Charge - WSJ.com

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