There seems to be a lot of hand-wringing these days about the future of Research in Motion despite the fact it’s a $15-billion company with a global footprint and still plenty of sales growth.

According to the naysayers, RIM’s problem is the iPhone and emergence of smartphones such as Google’s Android, which offer a better experience, more features and a dizzying array of applications. In comparison, the BlackBerry continues to be a voice and e-mail device. The iPhone and Android are sexy, the BlackBerry is looking matronly.

Some critics have suggested RIM’s weakness is the lack of applications to transform the BlackBerry into more than just a great e-mail device. But if you scratch deeper, RIM’s troubles started long before Apple made applications such a hot marketplace.

To be truth, RIM’s biggest problem for years has been its terrible Web browser. While it was dismissed for awhile due to the speed of slow speed of wireless networks, the BlackBerry continues to get a failing grade as a way to surf the Web even as high-speed wireless networks have become part of the landscape.

It is puzzling why a company that is so innovative can’t find a way to deliver even a solid Web experience. This may be solved when the launch of OS 6.0 this week but it’s really a matter of too little, too late.

RIM has also been plagued by the fact it has never really become a multi-media device that could be used for photos, music and video. I visited RIM in Waterloo a few years, and one of their PR people showed me a Blackberry that had a pretty good music player. Unfortunately, that seemed to be the peak of it despite the fact music, video and photos are key parts of the mobile experience.

What’s ironic about the BlackBerry these days is its traction with younger users. From a few conversations, I’ve been told that while many young people don’t particularly like the brand because it’s not as cool as Apple or Google, they use a Blackberry because the keyboard makes it easy to do text-messaging and use social media services such as Facebook and Twitter. Who knows, maybe the BlackBerry can relaunched as a social media device with Twitter and Facebook baked into the OS.

As for speculation that RIM is going to be launching a tablet called the BlackPad, I agree with TechCrunch’s pessimistic view that the BlackPad has little chance of success. To me, RIM is a smartphone maker; it’s not a computer maker so I just don’t seem the BlackPad doing anything to steal the iPad’s thunder.

Instead, RIM should focus on making the BlackBerry a better, more user-friendly device. Do something to really, really improve the Web browsing experience, enhance the BlackBerry as a multi-media tool, and do whatever it takes to offer thousands of additional apps at lower prices or for free.

RIM is still a great company but it’s come to a major fork in the road. One path leads to continued glory and status as one of the leading smartphone makers; the other would see RIM become a second-tier player, which is not a good place to be.

More: Mashable has a good post on four ways that BlackBerry can stay relevant, highlighted, I think, by the willingness to embrace an open API>

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