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  1. Apr 14, 2024 · Marguerita Cheng. BlackBerry Limited ( BB ), known as Research in Motion (RIM) until January 2013, has a long history of extreme success and failure. It’s credited by many as creating the first ...

  2. Jun 1, 2017 · The launch of BlackBerry by Research in Motion (RIM) in 1999 laid the foundation for the development of smartphones. The next decade was a period of spectacular growth for RIM, making its two co-CEOs billionaires. At the end of 2007 the company had a market capitalization of more than $60 billion. Sales peaked at almost $20 billion in 2011. In 2016, sales were $2.2 billion and the company had ...

  3. Sep 30, 2016 · To be fair, most of BlackBerry’s biggest mistakes — things like keeping BBM locked down to its own hardware in a world where the cross-platform WhatsApp grew into a $19 billion business ...

  4. Feb 1, 2018 · In many ways, BlackBerry was the producer of the world’s first widely-adopted premium smartphone brand. At its peak, Blackberry owned over 50% of the US and 20% of the global smartphone market, sold over 50 million devices a year, had its device referred to as the “CrackBerry”, and boasted a stock price of over $230.

  5. Oct 1, 2013 · The Globe and Mail says new chief executive Thorsten Heins’s decision to kill SMS 2.0, backed by Mr Laziridis, and concentrate on BlackBerry 10 was the reason Mr Balsillie eventually quit the ...

  6. Apr 21, 2021 · On the verge of failure, BlackBerry brought in John Chen as CEO in 2013 to orchestrate a bold turnaround of the company. Once an iconic leader in the smartphone market, BlackBerry was best known for its tactile QWERTY keyboard, strong security, and a focus on business users. By 2009 it had come to dominate the North American and global smart phone markets. But Apple and Android entered the ...

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  8. Aug 19, 2013 · Get PDF. Buy Copies. Print. The story of Blackberry underlines a new truth about the competitive landscape we live in: success or failure isn’t a function of a good product or service, or a well ...

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