Research In Motion (RIM), makers of the Blackberry and pioneer in the smartphone industry, announced layoffs, lower revenues, and product delays. On top of this Dolby is suing RIM for patent violations. RIM executives cited issues with hardware as the cause for delay and "streamlining" its operating model to focus on growth opportunities. All of this sounds good, but it is hard not to wonder if this is the beginning of a steep decline for RIM. Apple and Google are rapidly creating the future of the smart phone and that future has little in common with RIM devices, operating systems, and business model. While RIM is not in danger of going away, it is very close to becoming irrelevant in the smart phone market.
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