(Credits: Jon Fingas/Engadget.com)
BlackBerry is in dire straits. The smartphone maker was riding high in market share and profits just a few years ago, but it's now having trouble securing rescue money. It's yet again pinning its hopes on a new CEO who's tasked with saving a struggling industry giant. How did BlackBerry decline so quickly, though? And what might happen to the company when seemingly every option is on the table? As it turns out, BlackBerry's descent into trivial market share figures andsustained losses stems from a mixture of hubris, sluggishness and misplaced effort -- and there's no clear solution in sight. READ MORE