September 28th, 2012
04:09 PM GMT
Share this on:

These are troubled times for Research in Motion (RIM), the makers of the BlackBerry handheld device.

Back in 2008 RIM was an $84 billion company, the darling of executives everywhere, students had BlackBerrys, and even President Obama admitted to being addicted to his BlackBerry, what some people were calling ‘crackberry’.

That was BA – before Apple, and the juggernaut that was the iPhone which launched in 2007. Now fast forward to 2012 and the stock price has been hammered to a 52 week low of $6.22, it’s a $3.25 billion company and some people are saying there may even be layoff in BlackBerry’s future.

There is a bright spot, however – and that bright spot is Africa, specifically Nigeria.

FULL POST

Filed under: BusinessGlobal Exchange


About Business 360

CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.

 
 
Powered by WordPress.com VIP