RIM reportedly bails on PlayBook, considers exiting tablet market

Research In Motion has reportedly stopped production of its BlackBerry PlayBook tablet and is considering exiting the space altogether. Collins Stewart analystJohn Vinh made the claims in a note to investors Thursday morning, citing anonymous sources at RIMs manufacturing partner Quanta. While Quanta last week acknowledged that it had laid off a significant number of production workers from a factory focused on producing the PlayBook, our research indicates that the ODM has essentially halted production of the tablet, Vinh wrote. Additionally, our due diligence indicates that RIMM has canceled development of additional tablet projects.

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