Jim Balsillie, Mike Lazaridis, RIM Chiefs, Make List Of '9 CEOs Who Should Be Fired'
Daily Finance:
Market research shows that RIM is the no. 3 or no. 4 smartphone company in both the U.S. and abroad, and that its piece of those markets has continued to fall quickly. RIM has revised its growth forecasts lower several times. Its new PlayBook tablet PC did poorly when it was introduced. The company continues to throw products into the market, most recently seven new smartphone models. RIM's shares have dropped nearly 70% in the last two years and 55% year-to-date.
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First Posted: 08/08/11 02:42 PM ET Updated: 10/08/11 06:12 AM ET