RIM: In a Four-Horse Race. For Third Place

Research in Motion may be a global leader in the mobile email market, but in the fast developing smartphone sector it’s just another company battling for the right to third place. That’s Gleacher & Company analyst Mark McKechnie’s take on the BlackBerry maker and, frankly, after RIM co-CEO Mike Lazaridis’s strained–and at times nonsensical–performance at D:Dive Into Mobile yesterday, it’s perhaps easier than it should be to agree with him.

In a pessimistic note to clients Tuesday, McKechnie said he expects RIM to lose share in the smartphone market, as the company’s growth, which has not paced that of the broader industry, slows further. RIM’s battle now is not a battle for smartphone dominance, but a battle for relevance–the same one being fought by Nokia, Microsoft and Hewlett-Packard’s Palm unit.[...]

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