“The long, slow death spiral for Research In Motion Ltd. has begun,” Therese Poletti writes for MarketWatch.
“It may take awhile, but RIM seems to be clearly headed in the same direction as Palm Inc., towards eventual extinction, unless its board of directors does something soon to change its direction,” Poletti writes. “At this point, it seems that would have to entail getting rid of one or both of its co-chief executives, Jim Balsillie and Mike Lazaridis.”
Poletti writes, “These leaders dilly dallied while the iPhone changed the face of the smartphone market, and now may have squandered any hopes for a rebound with the launch of a new operating system for a next generation of devices they have called ‘superphones.'”
“Those ‘superphones’ may not look so super when they finally hit the market in the latter part of 2012. At that point, they will be going up squarely against an inevitable iPhone 5 from Apple Inc.,” Poletti writes. “At that point, analysts concede that even Microsoft MSFT +1.06% may be in a better position.”
Read more in the full article here.
MacDailyNews Take: DCW.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]