Investment firm Jaguar Financial told Research in Motion, or RIM, the parent company of BlackBerry, that it's time to sell itself or its patents, according to Bloomberg. RIM's value has fallen nearly 50% this year. Jaguar says that RIM is putting all its eggs in one basket on its new QNX-Platform which will be available on RIM's 2012 smart phones.
Personally, I think RIM needs to downgrade significantly, but not go away. Many companies only allow BlackBerrys versus Android and Apple phones due to security concerns, so there definitely still is a market for BlackBerrys, although I believe that will slowly decline as Android and iOS improve.
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