Research In Motion’s investors did not seem pleased with the company’s latest endeavor, BlackBerry 10, which CEO Thorsten Heins unveiled at its BlackBerry World 2012 conference in Orlando, Fla., earlier this week. As the new operating system made its debut, the device maker’s stock dropped on the Toronto Stock Exchange approximately 15 percent — a decline the company could ill afford, as its share value has been steadily falling for the last year. The drop is somewhat puzzling, because the new BlackBerry software appears to hold promise.
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RIM's Loyal Following May Have Doomed It
Posted by: Erika Morphy May 4, 2012 05:00 AMResearch In Motion’s investors did not seem pleased with the company’s latest endeavor, BlackBerry 10, which CEO Thorsten Heins unveiled at its BlackBerry World 2012 conference in Orlando, Fla., earlier this week. As the new operating system made its debut, the device maker’s stock dropped on the Toronto Stock Exchange approximately 15 percent — a decline the company could ill afford, as its share value has been steadily falling for the last year. The drop is somewhat puzzling, because the new BlackBerry software appears to hold promise.