Poll: What Should Research In Motion Do?
NEW YORK (
) -
Research in Motion's
(RIMM)
problems are mounting, as evidenced by its weaker-than-anticipated
, fueling further speculation about the company's future.
Already rocked by delayed product launches and fierce competition from
Apple's
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iPhone and
Google's
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Android operating system, RIM gave already beleaguered investors little to cheer about with its latest quarterly results.
RIM shares plunged following its first-quarter results. |
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In addition to its miserable numbers, RIM pushed back the launch of its already-delayed BlackBerry 10 and announced plans to lay off 5,000 employees, roughly 30% of its workforce. Investors balked at the news, sending the company's stock plummeting.
RIM shares are down almost 50% this year.
Inevitably, big questions are now being asked about the company's
despite CEO Thorsten Heins' confidence in the long-awaited BlackBerry 10.
There has already been
, for example, that a vulnerable RIM could make an attractive target for a host of companies, including
Microsoft
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,
Amazon
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,
Nokia
,
HTC
,
Samsung
and even
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.
The next few months will certainly be crucial for RIM, which recently hired
JPMorgan Chase
and
Royal Bank of Canada
to assist with a strategic review of options.
Take our poll and tell us what you think RIM's strategy should be.
--
Written by James Rogers in New York
.
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