All Posts Tagged Tag: ‘research in motion’

BlackBerry 10 Smartphone L-Series Leak Video Released

More than a month out from RIM’s scheduled unveiling of its BlackBerry 10 lineup on January 30, the leaks are already coming. Today, a Vietnamese website known for its Apple leaks has released a video preview of an upcoming BlackBerry 10 device codenamed “London.” The smartphone, as shown in the video, has a rear-facing camera & flash, a microSD card …

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3,000 RIM Layoffs Coming Next Week

Today it was revealed that Research in Motion (RIM), the company behind the BlackBerry line of products, will be laying off 3,000 employees starting next week. Boy Genius Report (BGR) cites unnamed source in its report, which states the layoffs will take place over the coming weeks. BGR’s source stated that “people are terrified” and that some are even packing …

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RIM CEO Denies That His Company Is In A Death Spiral

To say that BlackBerry maker Research In Motion has been having a tough time lately would be to campaign for the Understatement of the Year Award. The fact is that by pretty much any standard you care to use, RIM is in deep trouble. Their market share is dropping steadily toward zero. During their quarterly earnings call last week they …

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RIM’s Earnings Report Expected To Be Bleak

Research in Motion, makers of the once-might BlackBerry smartphone platform, has found itself in an increasingly bad situation over the last few years. Poor product performance and a string of bad business decisions – including failing to take the threat posed by the iPhone and Android seriously – have left RIM in dire straights. What’s more, it doesn’t look like …

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RIM To Be Split Up And Sold Off In Pieces?

BlackBerry maker Research In Motion may be looking to split itself up and sell off some, if not all, of the pieces. The company would divide into at least two divisions – handsets and software services (i.e., BlackBerry Messenger). The handset business would be the first on the block. RIM could then license the BlackBerry Messenger service to other companies, …

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BlackBerry 10 Won’t Have a Physical Keyboard

While RIM’s newest version of the BlackBerry won’t be ready until sometime later this year, they have confirmed that BlackBerry 10 won’t actually have a physical keyboard. While versions of the BlackBerry 10 operating systems will be available on devices with a physical keyboard at a later date, RIM spokesperson Rebecca Freiburger verified it is not part of the design …

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BlackBerry Manufacturer Celestica To Wind Down Production As RIM Reorganizes

Celestica, one of the main manufacturing partners responsible for Research In Motion’s BlackBerry devices, has announced that they will wind down production of the devices by the end of the year. The changes are coming as the struggling RIM is in the midst of changing its focus and supply chain strategy. Toronto-based Celestica has been one of the primary makers …

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RIM’s Former CEOs Get $12 Million Payout For Leaving

Back in January Research In Motion – the struggling makers of the BlackBerry smartphone platform – appointed Thorsten Heins as the company’s new president and CEO. Heins replaced former co-CEOs Jim Balsillie and Mike Lazaridis. As part of that succession plan – reportedly proposed by Balsillie and Lazaridis themselves – Balsillie retained a seat on RIM’s board while Lazaridis became …

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RIM Pulls Plug On 16GB BlackBerry PlayBook

BlackBerry maker Research In Motion appears to have discontinued the 16GB version of their PlayBook tablet, according to recent reports. Though nothing is certain yet, it appears that recent price cuts on the PlayBook have drastically reduced the 16GB PlayBook’s profit margins, to the point that RIM is barely making any profits at all from the sale of the device. …

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RIM Facing Patent Lawsuit As Stock Woes Continue

Research In Motion, makers of the once-ubiquitous BlackBerry smartphone, can’t seem to catch a break lately. They continue to hemorrhage market share to iOS and Android, and their stock recently tumbled below the $10 mark for the first time in almost ten years, bringing the company’s market cap to $5.09 billion, just one sixteenth of their value in 2007. Now, …

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RIM’s $10 Stock: Lowest Price in Nearly a Decade

With the release of the new BlackBerry 10 looming in the distance, Research in Motion (RIM) is struggling to keep its head above water. Shares of the company are presently trading at about $9.70, which is almost the lowest price in a decade. RIM’s market cap is at $5.09 billion or about fifteen times less than it was valued at …

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RIM Appoints New Operating and Marketing Leadership

Research In Motion (RIM) announced today that it has hired a new Chief Operating Officer (COO) and Chief Marketing Officer (CMO). Kristian Tear will take over former COO Jim Roan’s position and Frank Boulben has been named the new CMO. This news comes just a month after a poor earnings report was announced and executives began fleeing the company. “Kristian …

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