RIM's Next Problem: Shanzhai BlackBerries (RIMM)

Despite the RIMM horror-show earnings call, the story is about to get much worse. The bandits haven't even started to attack Blackberry. The bandits had a lot to do with the fall of basic phone kingpin Nokia Loading... . Read more

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Summary

The bandits had a lot to do with the fall of basic phone kingpin Nokia. When they started looking oafish in 2007 next to iPhone, folks were still awestruck by 100 million-unit monster phones like the $20 Nokia 1100 -- one of the the world's most popular gadgets ever. Except, until the Shanzhai phone makers in China started to absolutely cream Nokia in every market from China and India to Nigeria and Thailand.

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