Research In Motion Ltd., facing intensifying competition from
Apple Inc. and Google Inc., cut its sales and profit forecasts for
this quarter on slower-than- expected demand for BlackBerry
smartphones. The stock plunged. […]
RIM said BlackBerry shipments will be at the lower end of the
range of 13.5 million to 14.5 million it projected last month, and
the mix of devices it sells will shift toward cheaper models.
Starting to get the feeling that RIM is a company on the verge of collapse.