RIM has 800,000 PlayBooks in excess inventory

Research in Motion (RIM) has nearly 800,000 BlackBerry PlayBook tablets sitting idle in inventory. RIM had $1.372 billion in inventory at the end of last quarter, up from $618 million at the end of February, according to findings from the Guardian.
RIM’s PlayBook was manufactured by Quanta Computer at their Taiwan factory. Fubon Securities analyst Arthur Liao said that the company had shipped 1.5 million PlayBooks in the first half. Production has declined significantly as of late as RIM struggles with excess inventory.
Last week RIM announced they had only shipped 200,000 tablets in the second quarter. Earlier accounts from the company say they shipped 500,000 PlayBooks in the first quarter... »read more

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