Top 10 Business Stories of 2012
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. So what were the top ten business stories of 2012?
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. So what were the top ten business stories of 2012?
While some of the biggest brands have grown their values by more than 20% since last year's report by Interbrand, others have fallen precipitously. Here are the brands that lost the most value over the past year.
The company behind the iconic BlackBerry smartphone is undergoing a "strategic review" that may lead to a sale of the company. But will anyone buy Research In Motion when nobody is buying BlackBerrys?
BlackBerry maker RIM's maligned co-CEOS Jim Balsillie and Mike Lazaridis are stepping down, and co-COO Thorsten Heins is taking the reins solo. And while the markets aren't sure about Heins yet, he has one thing going for him his predecessors didn't.
It has been a horrible year for Research In Motion, and things may not be getting any better for the BlackBerry maker come 2012. Despite all of the buyout speculation, RIM's stock has been a disaster. In fact, it's a foregone conclusion that RIM is toast.
It's hard to imagine two companies more different than Apple and BlackBerry maker Research In Motion: Apple's on top of the world, and RIM has fallen off a cliff. But the RIM of today bears a striking resemblance to the Apple of 1997.
Apple shares are trading near their all-time high of $422.86, but most analysts expect them to go much higher. Forty-six analysts tracked by Thomson/First Call have a median price target of $500 -- an approximately 20% rise -- and the most optimistic among them forecasts the stock will hit $666 -- about 60% higher than it trades now.
It's tablets, tablets everywhere at this year's International Consumer Electronics Show in Las Vegas, which ends Sunday. Manufacturers such as Motorola Mobility, Toshiba and Dell have taken to hot pursuit of Apple, which sold more than 13 million iPads last year.
Research In Motion CEO Jim Balsillie blasted Apple for "distortion" on Tuesday after CEO Steve Jobs said iPad sales had surpassed the BlackBerry. The comparison isn't, well, apples to apples because the quarters ended at different times, he says.






