Research In Motion on Thursday reported another disappointing quarter. BlackBerry subscribers were up 40% year-over-year in the second quarter but RIM's net income plummeted by 60%, margins were squeezed, average selling prices of BlackBerry smartphones dropped and RIM managed to burn through more than half of its cash in a single quarter. Concerns are mounting, analysts are barking and RIM's stock fell off a cliff in after-hours trading. Tossing yet another concern onto the pile, RIM's global smartphone market share likely dipped into the single digits last quarter.
Boy Genius Report, BlackBerry market share in Q2 may have hit single digits