Research in Motion (RIM) is in a lot of trouble and they know it. The maker of of the Blackberry smartphones has not made much headway in the product category this year. The only thing that people are actually expecting from RIM is the new QNX based OS they are going to launch. But unfortunately, these devices will not see the light of day till late next year, which really is a big downer! As other...

Research In Motion reported a steep drop in profits due to lackluster sales of its aging Blackberry phone lineup and gloomy sales of it’s Playbook tablet. Despite the fact that analyst expected a dismal results, numbers managed to shock everyone from investors to experts alike since company’s adjusted net profit fell 47% to $419 million. The company, which issued a profit warning in June,...