RIM again 2
TORONTO: Research In Motion (RIM) — facing analyst stock price target downgrades after its steep profit warning — is willing to absorb huge losses on its unloved PlayBook because the success or failure of the Tablet are key to RIM’s hopes of revitalising its BlackBerry.
PlayBook is RIM’s poor-selling entry into the Tablet market created by Apple’s iPad, and is crucial to RIM’s efforts to move to a new operating system that will power BlackBerry smartphones from early next year.
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