RIM seen facing increased market-share pressure

BlackBerry maker Research In Motion could see its share of the smartphone market eroded by competing devices like Apple's iPhone, analysts warned on Friday as RIM's shares plunged 15 percent in wake of a disappointing profit and outlook report.

Analysts again wondered whether RIM would be able to hold its own as it fights an increasingly intense battle for retail and corporate subscribers, even as the economy seems to be stabilizing.

Such worries first surfaced ahead of the iPhone's launch in the summer of 2007, but RIM maintained it would be unshaken. It continued to post impressive subscriber gains and in late 2008 rolled out the touchscreen-based BlackBerry Storm, its answer to the iPhone.

Read Full Article from Washington Post

- Posted: 2009-09-25 10:37:14

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