The Business Blunders of 2011

By siliconindia   |   Friday, 30 December 2011, 20:43 IST
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4. Misleading consolation of RIM:

In October of this year, the RIM declared to have restore services to Blackberry customers during the service outage. But it was not so the case for two more days, leaving an anger and annoying impression on its millions of customers. Also RIM stocks have fallen up to 80 percent in 2011, and the fourth quarter also was running at a slow pace. As the smartphone business is cultivating very fast, RIM has lost its international market but in India it was able to keep its place only because of its low priced products. Recently RIM has announced 50 percent discount on its playbook tablets in India to retain its market.