“Research In Motion Ltd. (RIM)’s sixth- biggest investor said it has sold over half its holdings in the BlackBerry smartphone maker as the company loses market share to rivals such as Apple Inc.,” Jonathan Erlichman and Hugo Miller report for Bloomberg.
“‘We are on the way out. The stake has been reduced by more than 50% or even more,’ Stephen Jarislowsky, chairman of Jarislowsky Fraser Ltd., said today in an interview,” Erlichman and Hugo Miller report. “‘They are resting on their laurels,’ Jarislowsky said. ‘Steve Jobs is a much better marketer than RIM,’ he said, referring to Apple’s chief executive officer.”
Read more in the full article here.
MacDailyNews Take: Steve Jobs is much better than DCW RIM at everything except resting on laurels, selling antiques, and clueless blank stares.
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