In the escalating smartphone wars, the battle for supremacy is being waged between Apple and Samsung Electronics. In the first quarter of 2012, it’s estimated the two companies consumed all of the industry’s profits and 74% of its revenues. Where does this leave BlackBerry’s Research in Motion, Nokia
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BlackBerry maker Research in Motion (RIM) is preparing to shed 2 000 of its 16 500-strong global workforce in a large-scale cost-cutting exercise. This is according to a report in the The Guardian on Monday. The newspaper cites Canada’s Globe and Mail newspaper, which claims the information came from
Research in Motion (RIM), maker of BlackBerry smartphones, this week unveiled, at least in early beta, its long anticipated and repeatedly delayed BlackBerry 10 operating system. The Canadian company hopes the redesigned OS will help arrest the decline in BlackBerry’s popularity
Research in Motion (RIM), the company behind the ailing BlackBerry platform, has hired a law firm to help it with a company-wide restructuring plan aimed at making the company profitable again. The plan could include selling off resources, seeking joint ventures, or licensing its patents. After losing a significant portion of
On Monday, Moody’s, the ratings agency, downgraded Nokia’s debt to near junk status. The share price has been in freefall in the past year, with some analysts painting a bleak future for the Finnish company. Yes, it’s bad. But Nokia is already planting the seeds of its turnaround. There’s no doubt that fortunes are made and lost
Research in Motion (RIM) is reportedly attempting to sell itself after rejecting the former co-CEO’s plan to open up its network to carriers. But for some reason it is not pursuing the creation of a lucrative category between smart phones and feature phones — the super feature phone: less than a smartphone, but far more than a feature phone
There is no doubt Research in Motion’s (RIM’s) fortunes have been receding of late. The share of BlackBerry smartphones in North America is plummeting (although still strong in other parts of the world) and revenues are down. Competition is fierce. Can new management and stated objectives for future products at RIM turn things around
Before reading this article, may we suggest you do the following experiment: take out your smartphone and if you still haven’t installed WhatsApp (one of the most popular instant messaging applications), go to the app store and download it. Now check who is online. We bet more than 50% of your contacts (including your boss, your
BlackBerry-maker Research in Motion (RIM) has reported its fourth quarter 2012 results and, as expected, the earnings came in below expectations, writes Sean Ludwig. The company reported revenues of US$4,2bn, way below expectations, and earnings per share ended up at 81c, right on the money with projections. RIM sold 11,1m
BlackBerry maker Research in Motion has lost its home-field advantage in Canada to Apple for the first time ever, another sign that the company is almost hopelessly broken when it comes to smartphone innovation. The long-time co-CEOs of RIM, Jim Balsillie and Mike Lazaridis, resigned from the company in January after 20 years and were replaced