RIM wiped out, Shanzhai BlackBerrys next

Last year RIM ranked fourth in the IDC’s list of top five mobile brands, but 2011 has marked the exit of RIM from the top five. Although on Thursday RIM announced excellent first quarter earnings, RIM is in trouble. Aside from good earnings, RIM also announced job cuts, delays in product shipments and forecasts for reduced earnings. Dark clouds are looming on the horizon for RIM while Shanzhai BlackBerry services are gaining mass adoption. Read more...