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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.
Advanced Micro Devices
While there are other companies that made the list for being Tech Turkeys, such as Research In Motion and Nokia, both of which are also in dire financial straits, AMD distinguishes itself for its pure lack of innovation in the semiconductor space.
Once able to outclass Intel on price and performance on PC desktops and on servers, the company has been reduced to an also-ran that has mismanaged its technology acquisitions (such as ATI) and has been unable to adapt to the changing Post-PC era.
The financially desperate chip manufacturer has recently had to slash prices on its desktop chips in order to move a glut of microprocessor inventory, close down its Open Source development laboratory in Germany as well as axe approximately 400 staff in its Austin, TX headquarters.
While the company recently announced new 16-core x86-compatible Opteron 6300 server processors (which are still not expected to compete with Intel's current generation of Nehalem server chips on performance) and has also announced plans to produce low-power server chips based on the new ARM50 architecture, it isn't expected to deliver on this promise for at least two years, assuming the company is still an going concern by that timeframe.
Mozilla Firefox is currently the #2 web browser. That position is now threatened by Google's Chrome, which is expected to overtake it in market share by the end of the year.
In 2012, Mozilla Firefox was mired with various critical bugs over iterative releases that caused the software to act sluggish.
Once hailed as a high-performance, bloatware-free browser alternative to Internet Explorer, it became the very thing it tried not to emulate, and even Microsoft proved that it could out-fox Firefox in terms of performance and memory utilization with IE 9 and also IE 10, which was released with Windows 8 and has been backported to Windows 7, with a pre-release due at the end of November.