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All Posts Tagged Tag: ‘RIM’

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’s Business is in Trouble at BlackBerry 10 Launch

Research in Motion says their business is in trouble and they expect to incur big losses throughout the rest of 2012. This news comes just as they are about to release BlackBerry 10. On June 2nd, RIM will be revealing their Q1 financial results and they want stockholder’s to be ready for the bad news, but they also want to …

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Android Making Gains Overseas

Data from Kantar WorldPanel has shown that Google’s Android OS has been making gains in the first quarter in seven major markets, including Australia, Britain, France, Germany, Italy, Spain and the United States. In Italy and Spain, Android popularity more than doubled year-over-year in both markets, at 49% and 72% respectively. Germany saw a 62% rise, roughly double. Apple’s iPhone …

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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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RIM’s “Wake Up” Campaign Reaches A Stirring Anti-Climax

You may remember the peculiar “WAKE UP” marketing stunt pulled by BlackBerry maker Research In Motion about a week ago in Australia. If not, here’s a quick refresher: a big black bus emblazoned with the phrase “WAKE UP” on the side pulled up outside an Apple Store in Sydney and disgorged a crowd of black-clad protesters who stood outside the …

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Nielsen Takes a Look at Smartphone Demographics

Over at the Nielsenwire blog today, Nielsen highlighted some of the results from its recent Mobile Insights report for the first quarter of 2012. Included is information on how each of the smartphone operating systems are performing and a look at the demographics for smartphone users in the U.S. The blog post starts off by stating that more than half …

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Apple, Samsung Take 99% Of Mobile Phone Profits

There’s been a lot of discussion lately of who the top smartphone maker is. In the previous quarter Samsung became both the top smartphone maker and the top mobile phone maker overall in the previous quarter, all three of the biggest carriers activated more iPhones. Ultimately, though, questions of unit sales and market share are secondary. The big question is, …

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BlackBerry 10 Camera Lets Users Turn Back Time

Instead of being excited for the most advanced BlackBerry phone ever revealed, the tech press greeted the BlackBerry 10 with a collective “meh,” and proceeded to speculate as to whether the phone was enough to save the company from death or becoming a full-time patent troll. But among the many announcements in the BlackBerry World 2012 keynote presentation was the …

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