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Report: R.I.P. R.I.M.?

  • Reuters, Monday, July 26, 2010 1:44 PM
Reuters has written what reads like an obituary for BlackBerry-maker R.I.M. "Research In Motion's future looks bleak," according to the news service. Critically, the company appears to have lost it preferred status among the country's corporate set.

Just last week, Apple said that more than 80% of the Fortune 100 companies were now testing or deploying its iPhone. "Meanwhile, phones using Google's Android operating system appear to be making inroads, too," Reuters writes. R.I.M.'s share of the American smartphone market fell to 41% in the first quarter from 55% in the previous year, according to Gartner, while the combined share held by iPhones and Android handsets rose to 49%, from 23% over the same period. For its part, R.I.M.'s sales in overseas markets are increasing, Reuters reports. Yet, "Handset trends increasingly originate in the United States because of the growing importance of smartphone software."

Read the whole story at Reuters »

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