Black Americans are constantly under economic fire. With our overall net worth decreasing to 1990s levels, it’s time to find avenues to replenish our monetary value.
According to Nielsen, an online business marketing tool, 54% of African Americans are smartphone users, so why are more of us not investing in these gadgets, instead of being the consumers and letting corporations take our money and not return it to our communities?
Research In Motion (RIM), the maker of BlackBerry, has taken a major hit as they failed to keep up with market demands and aging technology. They were surpassed as a major smartphone player by Android and Apple’s iPhone. With the company under attack from market pressure, RIM’s stock prices have dropped to $10.70 a share.