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Research in motion<\/a>, the innovators of the first ever smartphone, have been steadily spiraling into bankruptcy<\/a>. On Feb 17th<\/sup> 2011, Rim was at an all-time company high with each share worth $68.92. Today however, it has plummeted to $8.06. Rim used to dominate the smartphone market and control consumer taste, but now they lie in the shadows of Apples Iphone and Samsung\u2019s galaxy. However, there may be a shed of light at the end of the tunnel for Blackberries Research in Motion. With speculation over their new product, Blackberry 10<\/a>, people seem to be a bit more optimistic about Rims future. Many investors believe that this product may be the final chance for Research in Motion to make a healthy recovery from the devastating past year. The prototype has been successfully marketed so far. As a result, \u00a0Rim has experienced a small increase in stock price strictly based on speculation over the new product due to be released early next year. Speaking as a part owner of Research in Motion, I hope that the company will make a comeback in the smartphone market, and that Blackberry 10<\/a> will be a big hit with consumers.<\/p>\n “In the big picture, nobody, not even RIM knows whether this is going to work for them,” Charter Equity Research analyst Ed Snyder.<\/p>\n http:\/\/www.canoe.ca\/Canoe\/Money\/News\/2012\/09\/28\/20243526.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Research in motion, the innovators of the first ever smartphone, have been steadily spiraling into bankruptcy. On Feb 17th 2011, Rim was at an all-time company high with each share worth $68.92. Today however, it has plummeted to $8.06. Rim used to dominate the smartphone market and control consumer taste, but now they lie in … Continue reading ![\"\"](\"http:\/\/cdn3.berryreview.com\/wp-content\/uploads\/2012\/05\/blackberry-10-dev-alpha.jpg\")
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