After big rally, RIM selling off before launch

UPDATED 14:45 PM EST, January 29, 2013

TORONTO (AP) — Research In Motion investors are turning skittish ahead of Wednesday's critical launch of the company's much-delayed new BlackBerrys.

THE SPARK: The sell-off in RIM shares this week follows a months-long rally. The company's stock had nearly tripled from a nine-year low in September after favorable reviews on blogs and financial analysts started to see some possibility of a comeback.

THE BIG PICTURE: The BlackBerry, pioneered in 1999, has been the dominant smartphone for on-the-go business people and had also crossed over to consumers.

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