rim employees

Dennis Faas's picture

RIM Loses $485M on Failing PlayBook Tablet: Report

There's no doubt 2011 has been a very tough year for Research in Motion (RIM), makers of the BlackBerry smartphone and PlayBook tablet, as sales of both devices are down across the board. Now, after the Waterloo, Canada-based firm knocked hundreds ... off the price of its PlayBook last month, a new report says RIM is losing nearly half a billion dollars on the item. The PlayBook tablet first shipped way back in the spring of 2011 with very high expectations. Featuring BlackBerry integration, it was supposed to be the "must-have" item for fans of the company's popular smartphone. ... (view more)

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