Oh sweet Blackberry, where did it all go wrong? RIM (parent company of Blackberry) announced recently that it is selling the company for the bargain basement price of $4.7 billion (the company once had revenues of over $19 billion in a single year). The company will be taken over by a group of Canadian private equity firms, but what happens next is anybody’s guess. The future of the Blackberry brand is now uncertain, astonishing when you remember it was once…
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Guest Post: Sales Falling, Service Failing – Is BlackBerry Doomed?
The bad news keeps on piling up for Research in Motion, the firm behind the once iconic BlackBerry smartphone line. Its worldwide market share is dropping (down to 11.7% at the latest count) and the combination of the iPhone 4S launch and long worldwide disruptions to its BlackBerry Messenger service has�dealt another blow to the company. It’s now felt that many of its core users in the business market are switching to competing platforms,�most notably Android and iPhone. These setbacks…
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