Despite releasing a decent Blackberry smartphone as well as a tablet that is out selling everyone save iPad 2, investors do not seem to be pleased with RIM overall.
“We believe RIM has now squandered nearly every opportunity and competitive advantage it enjoyed through ineffective R&D resource management, delayed product launches and misreads of the competitive environment,†Morgan Stanley analyst Ehud Gelblum wrote in a note to clients on Friday. (Wall Street Journal)
While it’s still too early to write off the company as the next Titanic, if RIM doesn’t find a way to change their current state of affairs, they will end up suffering Nokia’s fate (who ditched their home grown OS MeeGo for Windows Phone 7). [Read more…]
Originally posted on June 13, 2011 @ 4:16 pm