RIM

BlackBerry receives order for 1 million BlackBerry 10 devices

Canadian smartphone maker BlackBerry has claimed that it has received an order for 1 million BlackBerry 10 devices from one of its established partners.

The Waterloo, Ontario-based company said in a statement that the order for 1 million devices - the biggest order in the company's history - was a tremendous vote of confidence in its new BlackBerry platform.

RIM stock jumps over 10% after CEO Heins suggest big changes

Stock in Research in Motion (RIM) gained more than 10 on the Toronto Stock Exchange on Monday, after the struggling smartphone maker's chief said they the company might be considering big changes.

In an interview with German newspaper Die Welt, RIM Chief Executive Thorsten Heins said that the company could sell its hardware division, or license its upcoming BlackBerry 10 operating system as part of its comprehensive review.

RIM shares gain over 7% after Jefferies & Co boosts price target on the stock

Stock in BlackBerry maker Research in Motion (RIM) gained more than 7 per cent in pre-market trading on Friday, thanks to an encouraging note from Jefferies & Co. analyst Peter Misek.

The Jefferies & Co. analyst boosted his price target on RIM stock from $13 to $19.50 a share, mainly on the back of the company's upcoming BlackBerry 10.

As of mid-morning on Friday, RIM shares were still trading up 4.6 per cent at $15.60 a piece, at the highest level since February last year.

RIM releasing LTE BlackBerry PlayBook

Though BlackBerry-maker Research In Motion (RIM) has yet to make any official disclosure about the release of its BlackBerry 10 OS, the company said in a Thursday announcement that it will launch its LTE BlackBerry PlayBook tablet in the coming week.

According to the information shared by RIM, the new BlackBerry PlayBook version to be released by RIM will be fairly akin to its currently-available Wi-Fi counterpart, but will boast the capability of next-generation high-speed LTE data service.

BlackBerry maker liable in patent case

Upholding Mformation Technologies' claims that Research In Motion (RIM) infringed its patents related to software which facilitates remote management of wireless devices, a federal jury in San Francisco found RIM liable for a $147.2-million payment in damages.

The Friday ruling by the eight-member jury came after a three-week trial and deliberations for seven days.

In Setback, RIM Delays BlackBerry’s Next Version

Despite the fact that the struggling BlackBerry-maker Research In Motion (RIM) is betting its survival on the next version of its BlackBerry smartphone, the company made a rather surprising announcement on Thursday, when it said that the launch of its new line BlackBerry handsets will be delayed until 2013.

The announcement, that its new BlackBerry smartphones will not be ready till next year, marks a critical setback for RIM, which is increasing losing its toehold in the highly competitive smartphone arena largely because its is competing with somewhat outdated handset technology.

RIM may separate its struggling handset unit from its messaging network

According to a new Sunday Times report, Canada-based BlackBerry-maker Research in Motion (RIM) is mulling a move that will split its business in two --- with the company's struggling handset manufacturing unit to be separated from its messaging network.

With making any mention of the sources behind its report, The Sunday Times said that RIM - which hired JP Morgan and RBC Capital in May to ascertain its strategic options - will probably either sell its handset unit or break it off into a separate listed company.

RIM demos key features of BlackBerry OS 10 on a prototype device

At its 2012 BlackBerry World Conference in Orlando on Tuesday, May 1, Research In Motion (RIM) demonstrated some of the most attractive features which are coming aboard its BlackBerry OS 10 software, scheduled for launch later this year.

With RIM, which is struggling to keep pace with competitors in the smartphone and tablet arena, pinning its hopes on BlackBerry 10 OS to turn around its fortunes, a prototype BlackBerry running the overhauled software was unveiled by the company’s CEO Thorsten Heins at the event.

RIM posts $125 million quarterly net loss; to focus on business customers

In its recent report pertaining to the company's earnings during the quarter which ended March 3, BlackBerry-maker Research in Motion (RIM) said that it had recorded a $125 million net loss; with the figures being a shocking contrast to the last year same quarter profit of $934 million.

The quarterly earnings at RIM fell short of the Wall Street expectations, with the company reporting a 25 percent year-on-year plunge in its revenue --- from $5.6 billion to $4.2 billion. Analysts had estimated that RIM's revenue figures for the most recent quarter would be $4.54 billion.

BlackBerry Loses Top Spot to Apple at Home: Corporate Canada

According to the latest statistics compiled by IDC and Bloomberg, Waterloo, Ontario-based BlackBerry-maker Research in Motion (RIM) is, for the first time, trailing the Apple iPhone in its home market - Canada.

Going by the IDC and Bloomberg data, the Apple iPhone has toppled the RIM BlackBerry in terms of smartphone shipments in the Canadian market; with Apple shipping nearly 2.85 million units of its iPhone in 2011, and RIM shipping 2.08 million units of BlackBerry handsets during the year.

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