Faced with declining sales and forth quarter losses of $125 million, Blackberry phone make Research In Motion (RIM) has announced that it is pulling out of the consumer market and focusing more on a corporate only strategy. From the news report:
Victor Basta, director of Magister Advisors said, "RIM has already lost the consumer battle and its main asset is its enterprise customer base, so retrenching to a corporate-only focus makes sense."