RIM is Done Essay -- Business, Technology

Research In Motion ( shore) is a Canadian multinational telecommunications alliance headquartered in Waterloo, Ontario, Canada, that designs, manufactures and markets wireless solutions for the worldwide mobile and tele-communications market. They are mostly know for making the berry brand. When the BlackBerry was invented during the early 2000s it was a long hit. When 2011 came along, things starting to go downhill for backtalk. Over the course of the year, they have bemused more than 75% of their stock value. This caused a decline in investors confidence. However, they would have to fuck with competition from Apple, faulty devices like Playbook turned consumers off, and shop at job cuts. If these points do not get dealt within the next 5 years they will declare bankruptcy and will cause a major impact in the cellph atomic number 53 industry.Competition from Apple is pickings away potential sales from back talk. However, it is one of the few problems they must deal with in o rder for them stay in business. Apple is just one of the few competitors for run along. On October 12th, Apple released the new iMessage and its new iPhone 4S and while that was happening, RIM was facing a worldwide outage that affected millions of people. People that were using the BlackBerry were sick, and tried having to deal with frequent outages, and decided to switch to the iPhone. That is another occasion why competitors like Apple are doing a lot get around because of selection. Rims phones are out-dated compared to those other firms. Consumers have more choices today, and in many cases, the alternatives are superior. The BlackBerry has a single-core chip inside with a 640x480 screen, compared to the Apple, which has two-cores and 640x960 screens. On March 11th 2011, Apple release... ...ada CBC News, December 15, 2011 RIM looking anemic Revenues down, more job cuts on the way, PlayBook sales negligible, family 15, 2011 RIM stocks drop 23 per cent after BlackBerry m aker reports poor Q2 performance Global News, September 16, 2011 RIM timeline theSpec.com, January 23, 2012 Exclusive virago weighed buying RIM, interest cooled Yahoo Finance, January 12, 2012 Is Lazaridis/Balsillie exit enough to save RIM? Yahoo Finance, January 23, 2012 Rims Chances For A Successful 2012 About cipher BYTE, January 03, 2012 Rims Chances For A Successful 2012 About Zero BYTE, January 03, 2012 RIM stock declines 8.4% following chief operating officer step-down Fudzilla, January 23, 2012 Ten things RIMs new CEO must do right away CNET News, January 23, 2012 Microsoft, Nokia Reportedly Considering Rim Buyout HotHardware, January 12, 2012