RIM's Troubles Continue: BlackBerry PlayBook Costing Company $485 Million

The BlackBerry PlayBook continues to give RIM headaches. Photo: Jon Snyder/Wired.com. RIM can't catch a break. Not only is the company coping with dismal PlayBook tablet sales, it's also taking a near half-billion-dollar hit for sitting inventory that must now be sold at rock-bottom prices.

RIM announced on Friday that the company wouldn't be meeting its financial targets for the year, primarily due to the unsuccessful performance of the BlackBerry PlayBook tablet.

Gadget Lab

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technologypulse, RIM's Troubles Continue: BlackBerry PlayBook Costing Company $485 Million