Tag Archives: RIM
Chance remark by China’s Lenovo boss sends BlackBerry’s shares soaring
And it’s not the first time Lenovo has hinted of a takeover
Takeover speculation sent shares in handset maker BlackBerry 14 per cent higher on Nasdaq last night [11th March 2013], despite analysts pouring cold water on the rumours. The surge in BlackBerry’s stock price came after Yang Yuanqing, CEO of giant Chinese PC maker Lenovo, told a newspaper that his company could be interested in buying the troubled Canadian manufacturer at some point in the future. Continue reading
BlackBerry’s former joint boss ditches entire shareholding
News unsettles confidence in firm as it struggles to regain position
BlackBerry‘s former co chief executive Jim Balsillie has quietly disposed of his entire stake in the Canadian manufacturer, it has emerged, putting a dent in the company’s share price as nervous investors followed suit. The company, until recently known as RIM, is struggling to regain ground lost to Apple and Samsung, having launched its make-or-break BB10 platform and new smartphones only a few weeks ago. Continue reading
RIM/BlackBerry may have ultimate BYOD killer app
Rating: Lost in the BB10 disappointment is BlackBerry Balance
Of course, it was about time that Research In Motion (RIM) finally got wise to the fact that in future we can finally refer to the maker of the BlackBerry smartphone as BlackBerry instead. Good move. Years too late, though. RIM displayed an obvious ignorance of the power of brands by not renaming beforehand, of course. Overall, the industry reaction to the new Z10 hasn’t been very positive. However, that’s probably because mobile generalists fail to appreciate what put the BlackBerry up the top in the first place. It is a corporate tool. And the introduction of the new BlackBerry Balance feature means that organisations will feel a lot safer about deploying these smartphones within their own BYOD (Bring Your Own Device) strategy. Continue reading
RIM’s shares down nearly 8% soon after BB10 launch
Shares in Canadian manufacturer RIM went into a nosedive in New York today [30th January] as investors seemingly acted unfavourably towards the firm’s vital BlackBerry launch.
Within less than an hour after CEO Thorsten Heins took to the stage at a nearby venue, the company’s shares plunged nearly 8 per cent to just under $15 by midday. Continue reading
New BlackBerry phone ‘available at Vodafone stores from tomorrow’
Comes free with a two year contract, it’s claimed
Vodafone customers will be able to get their hands on RIM‘s new BlackBerry 10 phones within less than 24 hours of today’s launch, it’s claimed. According to The Verge website which says it was tipped off by one of the carrier’s employees, an internal memo reveals how customers will be able to order their BlackBerry Z10 online at 5pm today and then pick it up at any Vodafone store tomorrow [January 31st 2013]. Continue reading
Lenovo boss down-plays RIM acquisition remarks
Didn’t mean it, he says, after shares in Canadian phone maker shoot up
Chinese electronics giant Lenovo is playing down reports that it is planning a takeover bid for RIM, a rumour that pushed the Canadian manufacturer’s shares up by 2.3 per cent last week, adding to earlier gains brought on by excitement surrounding the launch of its long-awaited BlackBerry 10 devices on Wednesday [30th January 2013]. Continue reading
Crucial milestone for RIM as it starts shipping new BES
Download now available ahead of next week’s BB10 smartphone launch
RIM has begun shipping its long awaited BlackBerry Enterprise Service 10 (BES 10) operating system, designed to support its upcoming BB10 smartphones also due to be launched next week. Available as a download to governments and corporate clients, it also offers support for the Canadian maker’s PlayBook tablets, Android devices, plus Apple’s iPhone and iPad iOS products through a unified web-based console. Continue reading
RIM extends deadline for BB10 app developers
App developers have been given a stay of execution if they still want to be considered for RIM’s Built for BlackBerry programme.
With just nine days to go before the much-awaited BlackBerry 10 platform is launched, the Canadian manufacturer has extended the deadline for developers to 18th February 2013.
Under the programme, developers who commit to building high quality, BB10 exclusive apps stand to earn at least $10,000 providing the idea qualifies and earns at least $1,000 in downloads over the next 12 months from 4th March 2013. If sales fail to reach the $10k mark, RIM pledges to make up the shortfall itself. Continue reading
RIM’s shares surge as ad images of new OS are leaked
BlackBerry maker RIM saw a near 14 per cent jump in its share price on Nasdaq last night [11th January 2012] after images of its much-awaited new phone platform were leaked.
RapidBerry, which focuses on BlackBerry matters, posted images of what it claims to be a series of retail advertisement mock-ups which show the OS in various states. It included shots of the BlackBerry 10 home screen and various applications. Continue reading
Million more customers exit RIM
Buyers said to be holding back for new BlackBerry
Canadian manufacturer RIM lost a million customers and shipped 500,000 fewer smartphones in the last quarter, tightening the pressure on the company as it prepares for the make-or-break launch of its new BlackBerry 10 range at the end of next month [January 2013]. RIM says it now has 79 million subscribers compared to 80 million last quarter and has tried to put a gloss on the decline by arguing that purchasers are delaying buying until the new handsets are available. Even so, it meant Q3 2012 revenues halved year on year down to $2.7 billion (£1.66 billion), versus $5.1 billion in 2011, leading to an adjusted net loss of $114 million. Continue reading
Guest Post: Will BlackBerry ever regain its lost global mobile market?
by Sanjay Kumar Negi, an analyst with India’s 91mobiles
The guys at Research in Motion (RIM) may have been putting all their efforts into restoring the BlackBerry brand once again into good stead in the international mobile market. Surely, they need to do this, and in fact they are beating a path to implementing fine tuned synchronisation with competitors like Apple, Samsung, Google and Microsoft. After reviewing the recent financial results of the company, some analysts now believe RIM may again dominate the mobile world – at least if they are not going to implode! Continue reading
RIM set for further losses ahead of critical product launches
BlackBerry maker RIM is expected to reveal yet another round of losses when it reveals its third quarter results on Thursday [20th December 2012], casting a shadow over next month’s crucial product launches.
Wall Street analysts are expecting a loss of $182 million (£112 million) compared with a loss of $235 million in Q2. Sales are expected to slide to $2.7 billion from $2.9 billion. Continue reading
Boy seriously burned after BlackBerry Curve ‘spontaneously combusts’
RIM and safety officials probing what caused the phone to catch fire
Trading standards officials are investigating a fire at a house in Coventry, UK, thought to have been caused when a BlackBerry spontaneously combusted. An 11-year-old boy was awoken in the middle of the night with his bed engulfed in flames when the phone, on charge at the time and bought as a gift for his brother, is said to have malfunctioned. The family are now demanding the popular BlackBerry Curve 9320 mobile, bought from Vodafone on a £13 a month contract, is recalled from shops in time for Christmas. Continue reading
RIM in new setback as Swedish arbiter rules it is illictly using Nokia’s Wi-fi technology
Finnish manufacturer to seek ban on new BlackBerry sales on both sides of Atlantic
Canadian BlackBerry maker,RIM, has suffered a serious blow with a legal ruling that it was using Nokia’s patented Wi-fi technology without permission – a judgement that could delay the roll out of its latest smartphones. In court documents revealing the results of the Swedish arbitration ruling, Nokia yesterday [28th November 2012] outlined plans to block sales of BlackBerries in the Britain, USA and Canada unless the two sides can agree on royalties. Continue reading
Apple’s iPhone 5 regains the top spot in America
But elsewhere in the world Android is storming ahead
Apple has snatched back its lead of the US smartphone market from Google’s Android platform, though it’s at the expense of RIM’s BlackBerry devices and Microsoft’s Windows Phone. It is the first time since February [2012], when sales of the previous iPhone 4S were declining, that Apple has regained its No.1 slot in America. Continue reading
