Research in Motion (RIM), a renowned Canadian telecom designer, manufacturer and solution provider for worldwide mobile communications market and most importantly makers of BlackBerry, are fighting for their survival after a horrendous year RIM is at a verge of make or break situation.
One could say their survival depends upon QNX their next generation operating system for Playbook along with the success of BB OS 7 which runs their new line of blackberry devices. RIM’s future looks hazy to many their shares have faced a brutal downfall, at NASDAQ it’s down to around 15 from mid 60s since same time last year.
Many believe RIM might have to make a stone hearted decision to throw overboard its hardware production line and only concentrate on its specialized software solutions another blow for the investors was stepping down of RIM’s Co-CEO and founder of RIM, Mike Lazaridis. Blackberry has also constantly faced trouble from different governments and security agencies around the world who demand access to customer traffic but RIM denied such access to anyone as it contradicts with their beliefs on customer privacy.
Written by Zeeshan Amin, Dubai
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