BlackBerry Maker RIM Shifts Focus to Corporate Customers
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Scott Olson/Getty Images(NEW YORK) — Do you have a BlackBerry? If so, you may soon have no choice but to switch to another phone.
Research in Motion (RIM), the maker of the smartphone, says it plans to focus on its corporate customers after failing to compete with Apple’s iPhone and handhelds that run Google’s Android software.
The move comes after the company reported a net loss of $125 million, or 24 cents a share, in the quarter that ended March 3. The deficit is partly due to write downs for the declining value of its brand and its PlayBook tablet inventory.
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