RIMs failure to keep up with Apple has turned it into a tech basket case
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RIM has paid a steep price. As recently as 2009, the BlackBerry maker was named by FORTUNE magazine as one of the 100 fastest-growing companies in the world, with earnings exploding by 84% a year. Now RIM's stock price has collapsed by a vertigo-inducing 90% since its June 2008 peak, to its current level of less than $10. The age of the frantic dual-thumb warrior is over.