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The (Big) Problem With RIM 341

An anonymous reader writes "Research in Motion, by all accounts, had a terrible week. But things might get even worse. The Canadian technology company posted dismal quarterly earnings numbers, missing revenue and sales targets, while margins continued to shrink. Co-CEO Mike Lazaridis conceded the PlayBook had been thwarted by a lack of apps and content, not necessarily by a weak platform. Like Apple with its iOS, and Microsoft with Windows, creating a successful platform will be dependent on the eco-system it supports, but RIM hasn't shown ability to foster that." Speculation has begun as to whether or not RIM will wind up having a PlayBook firesale in the same vein as the TouchPad.

Nothing will ever be attempted if all possible objections must be first overcome. -- Dr. Johnson