10 Mobile, IT Companies That Had a Rough 2012
When discussions on the technology industry center on Apple and Samsung, it's easy to believe that 2012 was the best year yet, at least for these two companies. After all, both of those companies watched their popularity soar in 2012 along with their revenue and profits compared to 2011. It might also be easy to be positive when one considers that several key markets, including smartphones and tablets, were on the rise this year, creating the impression that all major companies benefitted from a prosperous year. However, closer inspection reveals that there weren't nearly as many successful companies in 2012 as some might expect. In fact, some of the most prominent technology companies suffered major setbacks that called their futures into question. What's worse, some of the companies that limped into 2012 are poised to enter 2013 in even worse shape. Simply put, the good times weren't rolling for many technology companies. This eWEEK slide show will take a look at some of the mobile, IT and retail companies that had a rough 2012. While most of these companies are still financially stable, a few more years like this one could end all that.
Research In Motion
It's hard to find a single silver lining in Research In Motion's 2012. The company watched its market share dwindle and losses pile up. In the meantime, RIM had to delay the release of BlackBerry 10, the operating system that will supposedly save its ailing business, until January 2013. It was bad news all around.