Breaking news, information, and analysis on the latest mobile phones and mobile technology
Earlier today, RIM announced its quarterly earnings and the results were grim. The company’s revenue is down 33 percent year over year and device sales are slumping. To make a bad situation even worse, RIM announced that technical challenges have forced it to delay the launch of BlackBerry 10 until 2013. As result of this…
It’s the beginning of the end for RIM. The company has announced its fiscal Q1 2013 earnings report, and it has amassed revenue of $2.8 billion, down 33% from fiscal Q1 2012. The decline in revenue led to a net loss of $518 million, and as a result of poor growth, RIM plans to cut another 5,000…
Analysts at Morgan Stanley are painting a grim picture for Research in Motion, sending share prices of the ailing smartphone maker down to around $9.00 per share. The analysts suggest that RIM faces some tough choices ahead if it is to emerge once more as a competitor in the smartphone market. “We believe the only…
This didn’t take long. Research in Motion has just issued an official statement regarding the rumor of the company splitting its hardware and software units into two separate entities; to then later sell off the handset part to the highest bidder. The company in a statement to the site Mobilesyrup said: “RIM has hired advisers…
Life at Research in Motion must be hard. You make phones no one wants anymore, the software that’s supposed to save your company is at least half a year away, operators have all but given up on you and are now looking to promote Windows Phone as the third viable option instead of your platform…
It’s been suggested before, but RIM has officially confirmed today that the first BlackBerry 10 device released to market will not feature RIM’s customary hardware keyboard. Instead, RIM’s first BlackBerry 10 devices will focus on the impressive software keyboard RIM has developed for their upcoming platform. RIM is not abandoning hardware keyboards altogether, but company…
We all knew it was coming, it was only a matter of when. In an effort to right the sinking ship that is Research In Motion, the company has begun handing out pink slips to the 2,000 employees affected by the current round of layoffs. RIM is shrinking its workforce from 16,500 to 14,500, down from 20,000…
Well, things seem to be getting worse and worse by the day for RIM. One of the company’s largest contract electronics-manufacturing suppliers has officially pulled the plug on making its products. Celestica, which also produces servers and other products for branded manufacturers such as IBM Corp and Cisco Systems Inc, plans to stop BlackBerry production…
Yep, some parachutes are still made of gold. Research in Motion announced last week that it gave exiting co-CEOs Jim Balsillie and Mike Lazaridis were given a combined $12 million in exit payments after they stepped down from the role earlier this year. Of the $12 million, Balsillie took home $8 million while Lazaridis netted…
While it certainly comes as no surprise that Apple sells more iPads than any other tablet maker combined, a new report out of Chitika suggests that Apple’s iPad commands an even greater market share when it comes to internet browsing. Chitika serves ads to several sites around the web, and selected a sample of the…