While anyone with half a brain can see that BlackBerry maker Research in Motion is in trouble, the company’s new CEO, Thorsten Heins, doesn’t agree.
“There’s nothing wrong with the company as it exists right now,” Heins told the Canadian …
Prognosis dim, RIM is inching towards its demise. The company is coming off one of its worst quarters ever, its stock value has evaporated, and it just can’t seem to finish BlackBerry 10. Things aren’t going well, to say the …
After Research in Motion’s disastrous earnings report yesterday — with a loss of 37 cents a share, an additional BlackBerry 10 delay to 2013, and the reveal that it would cut 5,000 jobs — it’s no surprise that shareholders are …
Research in Motion reported its worst quarter in ages after the market closed on Thursday, and showed that it deserved every bit of scorn over the delay of its vital BlackBerry 10 OS until the first quarter of 2013.
RIM …
Troubled BlackBerry-maker Research in Motion could sell off its handset business to “potential buyers” Facebook and Amazon and focus on messaging services, according to a report from The Sunday Times.
Still relatively new RIM CEO Thorsten Heins (pictured) previously …
Research in Motion is cutting its supply chain up, starting with smartphone manufacturer Celestica, which will stop RIM production completely within the next 3-6 months.
The manufacturer expects to spend around $35 million on restructuring after RIM’s departure.
RIM has …
Here’s something that will likely annoy Apple to no end: one intrepid developer has managed to get iOS apps running on RIM’s BlackBerry PlayBook tablet.
A developer calling themselves “businesscat2000″ posted a series of videos to the CrackBerry forums over …
Research in Motion’s stock has fallen and it can’t get up. The BlackBerry maker’s share price on the NASDAQ exchange fell into single digits for the first time in almost a decade today.
Just last week, RIM halted trading of …
BlackBerry-maker Research in Motion temporarily halted stock trading 15 minutes after the market closed today, and issued a “business update” where it admitted it will “likely have an operating loss” for its fiscal first quarter.
“RIM is going through a …
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Amid RIM’s seemingly-unending struggles, the company has seen a light: BlackBerry Messenger.
RIM says that use of its proprietary instant message service has spiked from 5.3 to 55 millions users over the past three years, even as the Blackberry’s user …
It’s been a long time coming — today we finally got our first glimpse at Research in Motion’s next-generation platform, BlackBerry 10, which aims to breathe new life into the company’s aging smartphones.
New RIM CEO Thorsten Heins hit the …
Research in Motion is a really forward-thinking, technologically-advanced smartphone creator, said no one recently.
The company is in a downward spiral, and a look at its timeline shows just how the company progressed from innovator to struggling dinosaur.
The Canadian …
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Research In Motion 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 …
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There is no doubt 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 …
It was a bit of a surprise when former Research in Motion co-chief, Jim Balsillie, resigned from the company at the end of March, but a new report today offers some insight into his departure.
Balsillie was working on radically …
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BlackBerry maker, Research In Motion, recently released disappointing Q4 2012 financial performance results. New CEO Thorstein Heins has acknowledged RIM is in need of significant changes if it is to survive, much less stay relevant. The odds are heavily stacked …
On his first-ever earnings conference call, newly christened Research in Motion CEO Thorsten Heins seemed to come to terms with the bad hand he’s been dealt and admitted that the company was in need of “substantial change.”
“I’ve been the …
BlackBerry-maker Research in Motion has reported its Q4 2012 results and, as expected, the earnings came in below expectations.
RIM reported revenues of $4.19 billion, way below expectations, and earnings per share ended up at 81 cents, right on the …
