What's Wrong With RIM?
Yep, an aging smartphone line and delays in introducing new devices are widely perceived to be eroding RIM's business, but faster than anyone expected. Meanwhile, "RIM's management knows it has a problem, but doesn't seem to be able to make the shift -- the very difficult shift, it should be noted -- from the old BlackBerry OS to the new QNX platform that is going to power forthcoming BlackBerrys (and already powers the PlayBook)."
For his part, co-CEO Jim Balsillie promises that RIM has "an exciting line of products, services and promotions expected to be introduced between now and the end of the fiscal year. We believe that these, together with the introduction of new tiered service pricing in the U.S. and around the world, are setting the stage for an acceleration of growth in Q3 and beyond."