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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Refuting a recent report, by the Boy Genius Report (BGR) tech blog, that Samsung Electronics was apparently interested in buying BlackBerry-maker Research in Motion (RIM), the South Korean tech biggie said in a Wednesday statement that it has "never" mulled over a RIM acquisition.
In a telephonic clarification, Samsung's Seoul-based spokesman James Chung said that neither has there been any contact between Samsung and Ontario, Canada-based RIM nor has Samsung shown any interest in striking a licensing deal with RIM for using its software.
While Apple's and Samsung saw their US market shares increasing in the three months to November 11, LG, Motorola and RIM suffered continued to decline.
According to market research firm ComScore, Apple's market share in the US jumped the most from the previous three months, i. e. 1.4 per cent, to grab 11.2 per cent of the market share. With that much share, the Cupertino, Calif.-based gadgets maker stood at fourth position.
Toronto, Canada-based radio & TV industry group BBM Canada dragged Research In Motion (RIM) to court, accusing the BlackBerry-maker of breaching its BBM trademark. BBM Canada is opposing RIM's use of the "BBM" shorthand mark for its BlackBerry Messenger service, saying it would mislead customers.
The radio & TV industry group said it filed the suit against RIM after its several attempts to resolve the issue through talks failed.
With an exclusive Reuters report revealing that Research in Motion (RIM) may have been a takeover target, with Amazon having apparently mulled the possibility of acquiring it, the problems-plagued Canadian smartphone maker witnessed an 11 percent advance in late trading on Tuesday, following the news.
The Reuters’ report, which cited "people with knowledge of the situation", said that “takeover overtures” from Amazon as well as other potential suitors – including a joint bid by Microsoft and Nokia – have been turned down by RIM, which apparently “prefers to fix its problems on its own.”
Canadian manufacturer RIM yesterday issued a stark profit warning for fiscal 2012 after it took a huge charge to write down inventories of its struggling PlayBook tablet.
Issuing the profit warning, the Waterloo, Ontario-based company said it would not be able to meet its previously announced full-year earnings target of $5.25 to $6 a share because of weaker than expected smartphone sales, a $50 million charge due to the October outage and a $360 million write down on PlayBook inventories.