Research in Motion

14 Stories

BlackBerry Maker Posts Huge Loss, Delays New Phone

RIM slashing 5K jobs as 'death spiral' continues

(Newser) - BlackBerry maker Research In Motion's freefall is continuing. The Canadian company's shares plunged 15% after it posted a $518 million third-quarter loss and announced that its new BlackBerry 10 smartphone had been delayed until next year, reports the Wall Street Journal . The company says it is cutting 5,... More »

BlackBerry Maker In Freefall

RIM warns that it's going to lose money again this quarter

(Newser) - Research in Motion shares plummeted almost 8% in pre-market trading today, after the BlackBerry maker warned that it would lose money for the second straight quarter thanks to ever-dwindling sales. Analysts had been slashing their estimates on BlackBerry, but all assumed it would at least be profitable, the Wall Street ... More »

BlackBerry Execs Get Smashed, Ground Flight

Men arrested for behavior; each owes airline $36K

(Newser) - 'Tis the season of headaches for BlackBerry: Two Research in Motion executives got incredibly drunk on a flight from Toronto to Beijing on Monday night, prompting pilots to turn the plane, which was north of Alaska, around. They landed in Vancouver, where the men were arrested, Gawker reports. George... More »

BlackBerry's Best Can't Beat Apple, Google

The Bold 9900: 'Does Anybody Care'?

(Newser) - There’s a new BlackBerry on the market, but the “the question is: Does anybody care?” Apple and Google dominate the market, and things are “not looking good” for Research in Motion, which just laid off 2,000 people, writes David Pogue in the New York Times . That... More »

BlackBerry Rolls Out New Touch Phones

But will it be enough to save Research in Motion?

(Newser) - Research in Motion rolled out three long-delayed new BlackBerry devices today that it hopes will stem its slide toward irrelevancy. All three devices run on the BlackBerry 7 OS, and all sport touch screens. The flashiest offering may be the Torch 9850/9860, RIM’s first all-touch screen BlackBerry, but there’... More »

Android World's No. 1 Smartphone Platform

Passes Symbian; iPhone at No. 3

(Newser) - Google’s Android is now the world’s most popular smartphone platform, having edged past Nokia’s Symbian in the fourth quarter of 2010. Vendors shipped 33.3 million Android-based phones that quarter, beating Symbian’s 31 million, a report out today finds. That’s good news for Android phone... More »

Stocks Flat After Jobs Data

(Newser) - Stocks ran out of gas at the open today, as investors digested a grim jobs report. The Dow and S&P were essentially flat, the Wall Street Journal reports, while the Nasdaq inched higher, on strong earnings from Research in Motion. The BlackBerry maker posted a 26% gain in earnings... More »

BlackBerry Holds Its Own Against iPhone

Business-friendly Bold tips hat to Apple, but doesn't cede ground

(Newser) - The release of the new 3G BlackBerry Bold Monday sent Research in Motion’s shares up 6.93%, to $141.97. The reason, according to Forbes, is the BlackBerry’s business focus, which lets it maintain its edge over the popular but business-weak iPhone. The Bold apes the iPhone in... More »

BlackBerry Gets a Bold Facelift

Slick new look, features may help it battle iPhone

(Newser) - The new BlackBerry Bold was unveiled today, sporting a sleek update aimed at keeping its traditional business clientele from defecting to the iPhone. The silver-rimmed Bold is Research in Motion's first to run on speedy 3G wireless networks designed to handle multimedia content and has a faster processor to handle... More »

Dow Falls as Nasdaq Posts Gains

Wholesale inventories, financials struggle, but tech holds its ground

(Newser) - Stocks showed mixed results today, as the Dow rallied and then teetered to a loss off lingering fears of recession. Meanwhile, the Nasdaq posted moderate gains buoyed by strong showings by Amazon, Google, Apple, and Research in Motion, Marketwatch reports. The Nasdaq gained 11.82 to end at 2,304.... More »

BlackBerry Still Expecting China Launch

Missed 2007, but RIM hopes high for last major Asian market

(Newser) - The BlackBerry didn't make it to China—the last major market in Asia to be cracked—in 2007, as expected, but Research in Motion isn't worried yet, Reuters says. The decision when to launch is in the hands of China Mobile, RIM's service partner, says Charles Liu, RIM's top exec... More »

Bank Industry Woes Spill Over to RIM

BlackBerry maker’s stock drops after Cisco's negative projections

(Newser) - Research in Motion’s share price run-up ended yesterday on worries about softness in the banking industry, after Cisco Systems reported declining orders for its products, Reuters reports. The BlackBerry maker’s stock was up 140% since June, with analyst raising price targets 30-50% after its Oct. 5 quarterlies. RIM... More »

BlackBerry To Grow in China

RIM takes smartphone into untapped market

(Newser) - BlackBerry developer Research in Motion is pushing its smartphone into the huge Chinese market for personal communications devices, with major multinationals its first market target. Reuters reports RIM's Chinese partner, China Mobile, already has a two-thirds market share, but the Blackberry is expected to face tough opposition from a low-cost... More »

Jobs Stats Propel Markets

(Newser) - The Dow and the S&P each set intraday records after today’s unexpectedly good jobs news, and the Nasdaq hit a 7-year high. The Dow closed at 14,066.01, up 91.70 points, and the S&P climbed 14.75 to 1,557.59 after indications that a... More »

14 Stories