Greg’s bite: RIM falls 10% over PlayBook flaws
By Greg Mills
As I have maintained, the prospects for RIM’s PlayBook appear grim. The stock market took it out on them yesterday savaging RIM’s stock prices. Analysts seem to agree with my assessment that RIM’s days are numbered and that PlayBook is fatally flawed. RIM’s cell phone sales numbers have declined five quarters in a row.
Meeting Apple’s iPad price points on PlayBook sounds like a great idea, but is there any profit left? RIM also has to cut in retailers and compete with Apple’s sleek industrial manufacturing footprint.
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