Re: Is Research in Motion (Blackberry) going out of business?
Not applicable

http://www.businessinsider.com/gene-munster-research-in-motion-is-going-to-go-bankrupt-2012-4  http://m.newyorker.com/talk/financial/2012/02/13/120213ta_talk_surowiecki  I could post more or look it up yourself. Even the head of the company is leaving.  As far as sales I remember years ago people went out and paid five dollars for a "Pet Rock" and after making millions went out of business.And they had no overhead and a huge supply base. Rocks come on...  RIM and it is still Research in Motion and they lost millions of dollars, and the customer base has fallen. Google it the proof is all there.  Like I said even companies like Best Buy are having huge problems. They are barely hanging on. Yes they won the super computer center wars, Compusa and Circuit City bit the dust and now Best Buy is getting hammered by Amazon, and other online retailers without brick and  Motar stores.  The writings on the wall.  Remember Palm? Yep they had a gazillion dollars also, but like rim they could not compete.

0 Likes