"RIM Reports Loss as It Cuts 5,000 Jobs, Delays BlackBerry 10 (1)" by Hugo Miller | Bloomberg News, June 29, 2012
TORONTO —Research In Motion Ltd., losing ground to Apple Inc. and Google Inc., on Thursday delayed the BlackBerry 10 phone release, announced plans to cut 5,000 jobs, and posted a quarterly loss that was five times bigger than anticipated.
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“The delay may just be the final nail in the coffin.”
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“I don’t think a phone launch is going to change the decline they’re in.”
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