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The end of RIM as we know it

Dan Frommer:

BlackBerry-maker Research In Motion shares are down tonight after reporting a terrible quarter: Sales are shrinking at a time when its main competitor, Apple, saw iPhone sales more than double. RIM is no longer profitable. And now it is looking for a new plan.

Despite RIM’s difficult financial state there are still some people who wishes RIM could prosper again. However knowing what we know about human being it is extremely hard to change one’s mindset.

Let’s just say RIM has a better chance of prospering again than RIM’s current executives rethinking their strategy and re-evaluate what is important to the organization then execute those strategies to disrupt the industry they once disrupted themselves.