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RIM fears as BlackBerry Storm fails against Apple iPhone 3G

Under: Apple iPhone, BlackBerry, Phone Business & Stocks Date: December 4th, 2008

Research in Motion (RIM) and its badly timed product launch of the BlackBerry Storm has done nothing for the company’s earnings, the Storm was thought of as BlackBerry’s answer to the Apple (NASDAQ:AAPL) iPhone with its touchscreen, actually lets correct that, the clickable touchscreen has been dubbed by major industry reviewers, a smartphone that’s not completely finished and doesn’t really come close to Apple’s popular iPhone.

Research in Motion (RIM) are blaming the worsening economy for its poor performance, which of course is a major problem for the majority of companies at the moment, although many analysts believe it’s got more to do with messy launch of the BlackBerry Bold and the BlackBerry Storm, with the many delays and problems the devices had as well as problems with the shipping.

With RIM stocks falling harder than Apple stocks recently investors have had enough, on Wednesday the shares fell to $38.96 and they have almost lost 66 percent, in the same period Apple stocks lost 42.5 percent in value and closed on Wednesday at $95.90.

Source: Marketwatch

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3 Comments»

    December 4th, 2008 | 7:35 pmRoger

    I’m not surprised that the Storm didn’t do that well. From what I’ve heard the input method is just as inconsistent as the Iphones touch screen (the Iphone is just more entertaining). Because of Storm’s point and click display it is looking more like a step back from the Iphone instead of a step forward. The Iphone has my business and I don’t think that many with older blackberries will want to make the move to the storm. If anything the Blackberry Storm was more of a sun shower :)

    December 4th, 2008 | 8:55 pmNative English Speaker

    The first paragraph isn’t even an actual sentence.

    This is practically unreadable.

    Don’t let your kids write articles for you. At least, don’t let them write your articles until they know how to write.

    “With RIM stocks falling harder than Apple stocks recently investors have had enough, on Wednesday the shares fell to $38.96″ - what the F**K sentence structure is this?

    For a website devoted to writing, this is pretty f**king sad.

    December 5th, 2008 | 7:04 amPraveen

    One reason that put me off is it dont have WiFi. And its funny some ppl say it is not really an issue. What if some one want to use VOIP, or if some one goes out of US or out of their country and need to use Internet from a wifi hot spot ?.
    I can say Iphone rocks :) , despite of its minor/major defects it has.

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