RIM has been losing business as other smartphone manufacturers - predominantly Apple and Android - have gained market share, putting pressure on RIM to shake-up its management and possibly sell off its patents, properties and other assets.
According to Business Report, RIM has struggled to keep pace with other smartphone manufacturers and has seen its market share fall from 24% last year to just 9,2% in the third quarter of this year. The company reported its first quarterly revenue decline in nine years in September.
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