After Apple 2007 , iPhone has seen hard times . Maker of BlackBerry reported big losses and layoffs . BlackBerry maker Research In Motion announced Thursday it is laying off 5,000 people -- and said earnings for the past three months were significantly less than expected , with the company reporting a first-quarter loss of $ 518 million . BlackBerry 's iPhone release in 2007 helped start the decline . BlackBerry still has billions on hand and 78 million subscribers .
After Apple 2007 , iPhone has seen hard times . Maker of BlackBerry reported big losses and layoffs . BlackBerry 's iPhone release in 2007 helped start the decline . BlackBerry still has billions on hand and 78 million subscribers .