To give a real-to-life example, Research in Motion, the providers of the Blackberry smart phones, suffered a loss of over $80 million in 2013’s first quarter. Financial fate of the company is expected to decline as investors and leaders scramble to reverse the misfortune of the once Goliath-like brand.
Is 2013 the beginning of the end of a once-profitable era for the tech industry? America’s Bureau of Labor foresees a different trend for the tech industry. The Bureau estimates the tech industry will experience a 22% increase in new employees by the year 2020. But, the following information presages a difference story. See what major brands are experiencing larger problems.