Less than a year ago and stock performance between RIM and Apple was virtually neck and neck. Fast forward to today, and the two are on completely opposite ends of the spectrum. If you’re an avid fan of BlackBerry devices, this one graph pretty much sums up Research In Motion’s performance over the last twelve months, and boy is it depressing. The company’s stock has taken a massive nosedive beginning May of last year, while Apple’s performance knows no limits.
It’s worth noting that Apple has a larger product lineup, including its App Store and iTunes ecosystems, so it’s not a surprise the Cupertino company’s stock is doing so well. Still, the data shows just how different things are. This must’ve been the chart RIM CEO Thorsten Heins looked at before admitting there’s “no guarantee” to turn the ailing Waterloo-based company around. We’d like to think Research In Motion can do it, but judging from the company’s performance — not to mention the many changes taking place amongst its executives — we’re not so sure it’ll happen.
[via Business Insider]