By Eric Jackson07/13/11 - 07:00 AM EDT
NEW YORK (TheStreet) -- When Apple(AAPL_) introduced the iPhone to the world in January 2007, Research In Motion(RIMM_) dismissed the device as a competitive threat, or so we would learn later.
- Since Balsillie's Oct. 5, 2006 bid for the Penguins, RIM's shares are down 16%.
- Over that same period, the Nasdaq is up 24%, and Apple -- riding the incredible success of its iPhone, which it turns out people did want -- has risen 358%.
Sphere: Related Content