Tough Times For RIM-ers
Things are getting tough at RIM: the failure of its tablet; outages on its Blackberry service; a share price down 70% on the year, and mass terminations.
No wonder a couple of RIM guys got kailai-ed on an Air Canada flight forcing it to divert.
The RIM PlayBook is selling badly. 150,000 were sold in Q3 when 11 million iPads were sold.
Like HP with its TouchPad, the company has cut the price to unprofitable levels.
It looks as if it will be up to Samsung to prove whether there is a 10 inch tablet market or only an iPad market.Tags: failure, samsung, share price, tablet market, terminations