That averages out to losing nearly $50 million in market value every day for the last four years.
I'm wondering, why didn't they try more crazy stuff? With the amount of capital they had, I'm just so surprised that they didn't release some super advanced crap that was impractical. Anyone know? Nothing jumped of the wikipedia page for me.
All I remember is their usage of QNX, but they did a terrible job with growing the community.
Honestly I won't be sad to see them go, by all my friends' accounts it was a soul-sucking place to work. They had the early lead in the smartphone market and completely squandered it.
Well.. there was the PlayBook...
(Maybe it wasn't super advanced, but it was impractical. No email on a Blackberry product?)
Apple's Rhapsody, acquired and released, not unlike RIM's story, during the company's downward spiral, was by and large a failure too. It eventually became the core of their massive success. It is not necessarily too late for RIM to turn it around.