BlackBerry parent company, Research In Motion is feeling the effects of a rough second quarter. Not only will they be firing 5000 employees, but they're also delaying the release of the Blackberry 10 operating system for about the 5000th time.
This all comes after a 43% revenue loss compared to the same quarter last year. BlackBerry is going out like Willy Lump Lump. It went from the most popular phone and easiest to use across the board, to having it's sales absolutely shattered by the Apple iPhone and the 10 billion droids that are out.
Adding insult to injury, the much-hyped BlackBerry tablet only shipped 260,000 units last quarter. Apple probably shipped that many iPad's in the time it took me to find that last statistic. Even the Kindle Fire and the Nook are getting more love across the board. It seems like if somebody calls you on a BlackBerry these days, your phone might not even ring. And with the BlackBerry 10 system being pushed back, Research In Motion has nothing to compete with the smartphone craze, meaning these losses may not end soon.
I just sold my old BlackBerry for $80 bucks a couple weeks ago. That may be worth more than what the company's worth a few years from now. Good luck BlackBerry people...Ant & Mike care, if don't nobody else care.