RIM may See More Losses in Smartphone Market

Analysts have said BlackBerry maker Research-In-Motion (RIM) could soon see its share of the global Smartphone market dip below 5%, despite plans to launch a new generation of BlackBerry 10 Smartphones later this year.

RIM had an 8.8% slice of the global Smartphone market in the fourth quarter, according to research firm Gartner, down from 14.6% a year earlier. “In the ever competitive Smartphone market, Nokia, RIM, Motorola, Sony, LG, and a slew of others are donating market share, while Samsung and Apple continue to gain market share,” RBC Capital Markets analyst Mark Sue wrote in a note to clients, as Reuters reported.