RIM report losses of $125million



The maker of Blackberry smart phones RIM has reported losses of $125million for the first quarter of 2012, compared to last year when the company made a profit of $934million. RIM suggested that they will refocus their market to businesses instead of the consumer market. This comes due to stiff competition from Apple’s iPhone and Google’s Android phones which outsell Blackberries. As a Blackberry user I hope this does not mean the end of services like BBM which I use every day and find a very useful tool for contacting my friends. What do you think about this move by RIM let us know by leaving us a comment below or sending @leatstechcorner a tweet.

By Robert Leat
Editor in Chief
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