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| | [2004-10-9] BlackBerry Holds Its Own in Wireless Marketplace
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Like Palm, RIM pioneered a new product segment, giving it market and technical knowledge that latecomers, no matter how big, lacked. And in the same way that Palm successfully fended off Microsoft's move into the hand-held computing market, RIM now appears to be more than holding its own against Palm in the wireless e-mail world. |
About a year ago, PalmOne (Nasdaq: PALM) Latest News about PalmOne was poised to challenge the dominance of the BlackBerry Latest News about BlackBerry, the wireless Relevant Products/Services from Hewlett-Packard Mobility Solutions e-mail device made by Research in Motion that has become the gadget of choice among celebrities and politicians.
PalmOne seemed to have all the advantages. It had a customer base in the millions while BlackBerry users numbered in the hundreds of thousands. Along with its acquisition of Handspring (Nasdaq: HAND) Latest News about Handspring, PalmOne acquired the Treo Latest News about Treo, a device that combined a BlackBerry-like e-mail device with a Palm-based hand-held computer with all the extras that the BlackBerry lacks, like games, cameras and music players.
But somehow, the message did not make it through to BlackBerry's loyal fan base. Not only have sales of PalmOne's Treo lagged behind those of the BlackBerry, but things have never been better for RIM.