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Research in Motion
What's there to say about RIM that hasn't already been said?
The entire company essentially imploded in 2012. This included a management shakeup that resulted in the ouster of both of its Co-CEOs, what essentially amounts to zero growth in sales of ther BlackBerry 7 handsets and a channel full of unsold inventory, running the company under a huge operating loss and missing all of Wall Street's revenue estimates, and engaging in what could eventually amount to be thousands of layoffs for the Waterloo, Ontario-based company.
Look up the word "Beleaguered" on any tech news site, and the words "Research in Motion" are almost certainly going to accompany it. That's how dire the situation is with the company now.
If any company would take the top "Turkey" position on this list in 2012 it would have to be RIM. But hope is on the horizon.
While the company has missed its initial target to release its next-generation, QNX-bassed BlackBerry 10 handsets in 4Q 2012, we should be seeing them early next year, short of another crisis brewing that we aren't aware of yet.
If the user experience is as good as the demos have shown, and the apps are there, then the company could very well experience a turnaround.
But RIM's got a very steep hill to climb when the market has already 3 other compelling mobile platforms which have significant developer attention as well as consumer and enterprise mindshare.