The wolves of the tech-blogging world are circling around Research In Motion, calling them has-beens and tossing out rumors left and right as the once-proud BlackBerry brand fades into antiquity thanks to the rise of iPhone and Android. There are reasons to believe that we haven’t seen the last of RIM, most notably the probability that their weakness in the market today will make them a prime target for a buyout in the future.
Research In Motion unveiled a new BlackBerry aimed at wooing consumers away from Apple’s iPhone and other rivals, but analysts said the handset won’t blow away the competition.
Even though the main features of the BlackBerry Torch, including a touchscreen and slideout keyboard, were well-known within the industry, investors registered their disappointment, driving RIM’s Toronto-listed shares down 4 percent.
The Torch will go on sale in the United States on August 12 for $199.99 with a two-year contract — about the same price as an iPhone. The new BlackBerry uses a revamped operating system and has a faster and easier-to-use Web browser.
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