Electronics, Research In Motion | featured news

BlackBerry Maker RIM Posts $518 Million Loss

Research in Motion unexpectedly announced on Thursday that a new line of phones that it still hopes will revive its BlackBerry brand will be delayed until next year... Research in Motion, the company behind BlackBerry phones, also reported at $518 million loss for the first quarter.

 

Struggling BlackBerry maker begins job cuts

Blackberry

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.

 

RIM gets Defense Dept nod for new BlackBerry smartphones

Research In Motion on Wednesday said the U.S. Department of Defense (DoD) had approved six models of the company's BlackBerry 7 for use on its networks, extending a long relationship with the smartphone known for its tight security.

 

Nokia files patent lawsuits against HTC, RIM

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.

 

Blackberry maker posts $125m loss

Blackberry

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.

 

Samsung says no interest in buying troubled RIM

Samsung Electronics Co said on Wednesday it was not interested in buying ailing Blackberry maker Research In Motion or licensing its operating system, refuting a tech blog report that RIM was seeking to sell itself to the South Korean technology giant.

 

RIM Call Options Ablaze With Speculation As Stock Rallies On Takeover Talk

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.

 

RIM sells BlackBerry PlayBook for $99 to select group

Does $199 sound like too much for the BlackBerry Playbook this holiday season? RIM seems to think so, but only for its employees. According to multiple sources, the 16GB 7-inch tablet is now available to RIM employees through a special corporate portal for $99. The 32GB version is $149 and the 64GB model for $199. We have also been told that employees can only order up to eight models.

 

Apple beating Google and RIM in mobile loyalty

Some 84 percent of iPhone users said they would pick iPhone also when they replace their cellphone, while 60 percent of those using Android smartphones said they would stick with phones using the same software, says a research firm.

 

Bye-Bye, BlackBerry? History Hints at Dark Days

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.

 

Subscribe to this RSS topic: Syndicate content