. RIM was expected to deliver a nightmarish, -30% year-on-year revenue decline into the May quarter - the company issued its latest profit warning just four weeks ago. Yet it ended up missing the lowered consensus estimate by 10%, generating just $2.8 billion in sales. The reasons for RIM's decline are well-known and will be rehashed again over the next 24 hours. But the size of the F1Q13 sales miss raises another question: apart from Apple and Samsung, is the handset industry drifting into serious trouble?Â
Last week, HTC shocked many by announcing it is pulling out from Brazil, by far the most important market in Latin America.
Boy Genius Report , Does RIM shocker imply wider handset market deterioration?, Does RIM shocker imply wider handset market deterioration?
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