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Blackberry Bows Out Of Consumer Business

We thought this day may come, but didn’t know it would come so soon. Let’s make it clear, RIM/Blackberry isn’t closing it’s doors, they’re just shutting off their ill fated consumer products business. The Waterloo Canada company said Thursday that they were switching their focus back to the business/enterprise market that was so lucrative for them in the past. Hopefully it’s not too late.

RIM came to the realization that they couldn’t compete with Apple’s iPhone and Google’s Android Operating System with a consumer facing business. This change comes on the heels of former co-CEO Jim Baslsillie finally exiting the board and the company that he helped bring to prominence in the late 90’s and early part of the 2000s.

More after the break