Rim, Cell Phone | featured news

After lengthy delays, Research In Motion Ltd. unveiled its first two phones with the new BlackBerry 10 system. The Q10 will have a physical keyboard, while the Z10 has only a touch-screen keyboard. RIM also announced a company name change to BlackBerry to maintain a single brand.

The long-awaited smartphone has been designed to retain, and bring back, the corporate users that once propelled RIM to success.

Here’s a tech stock pop quiz: Who has had a better quarter on the stock market? Apple? Or Research in Motion? The answer may surprise you. Apple’s stock, which peaked at more than $700 per share in September, has lost nearly 25 percent of its value. But Research in Motion, due to report earnings Thursday afternoon, has seen its stock more than double its abysmal September price of $6.30 per share. On Thursday morning, the stock was trading at $13.63 a share.

Analysts are talking up the RIM share price after a depressing run for the Canadian phone maker. But something else is going on. While the press and analyst were burying RIM, its popularity was already on the increase, months before the share price went up.

Struggling BlackBerry maker Research In Motion said Wednesday it has started laying off employees as part of its restructuring plan aimed at saving about $1 billion this year.

Wounded cellphone maker Nokia has turned on one of its former allies in the patent protection battlefield by filing lawsuits against rival smartphone maker HTC as it steps up its efforts to raise funds.

RIM CEO Thorsten Heins today unveiled the long-awaited BlackBerry 10 operating system at its BlackBerry World conference. Thorsten Heins took the stage here to give his first keynote as CEO of Research in Motion.

Blackberry manufacturer Research in Motion reports a quarterly loss, due in part to falling revenues on the back of weak smartphone shipments... The firm also suggested it would refocus on the corporate market rather than on individual consumers.

Investors purchased roughly 850 calls at the Dec. 11 $19 strike for an average premium of $0.53 each, and snapped up nearly 700 of the Dec. '11 $20 strike calls at an average premium of $0.39 apiece. Call buyers at these strikes may profit at expiration next week in the event that shares in Research in Motion surge 6.7% and 11.4% over the current price of $18.30 to surpass the average breakeven prices of $19.53 and $20.39, respectively.

Here today, dot-gone tomorrow? Once high-flying RIM, the maker of the very popular Blackberry line of smartphones, is today fighting for its very survival, battling to keep its core business in the face of a string of service outages and far-cooler technology from its competitors.