RIM Turning Away From Smartphone Market?

Interesting news from mobile CPU maker Marvell:

In a somewhat unexpected twist, Marvell’s report also underscored a shift by a major customer, Research In Motion Ltd., to lower-end and lower-margin smartphones in emerging markets. RIM shares declined 2.9% to close at $66.47. […]

The company is widely known to also be a supplier to RIM’s BlackBerry, which is still a major player in mobile computing, but which has struggled in the high-end smartphone category in the face of stiff competition from Apple Inc’s iPhone and devices using Google Inc’s Android operating system.

This makes sense, technically. But, alas for RIM, it isn’t good news financially. (Via Kontra.)

Friday, 4 March 2011