RIM will be facing an uphill battle when it does eventually launch BlackBerry 10, but the company is making sure it’ll have a healthy selection of apps from the get-go by incentivizing developers. RIM recently hosted two Port-a-Thon events to encourage developers to submit their games and general apps, offering $100 for any app approved [...]
First Africa-Designed Smartphone
December 27, 2012 | Posted by
Congolese gadget manufacturer, VMK, has begun selling in Congo, Elikia, Africa’s first home-grown designed smartphone, in what has garnered international attention. The increase of consumer purchase, and the need to close technological gap on the African continent, has driven an influx of tech giants including RIM, Huawei, Techno, and Apple, into the region, with Africa [...]
Blackberry Maker RIM Shares up Nearly 18%
September 27, 2012 | Posted by
Research In Motion has posted a smaller-than-expected quarterly loss, sending its shares up nearly 18% in after-hours trading. The maker of the Blackberry also boosted its cash pile, as it nears the launch of its next-generation devices. RIM reported a net loss of $235m (£145m) for the second quarter, ending 1 September, compared with a [...]
Signs of Life at RIM: Blackberry Subcribers, Shares Show Surprise Increase
September 26, 2012 | Posted by
Research in Motion offered investors a ray of hope on Tuesday, announcing an unexpected increase in subscriber numbers that sent its shares up 5 percent as the company worked hard to drum up enthusiasm for its crucial Blackberry due 2013. Waterloo, Ontario-based RIM, a pioneer in the smartphone arena, has in past years lost market [...]
BlackBerry Users Search for Alternatives as End Draws Near
July 10, 2012 | Posted by
As Research In Motion’s stock continues to freefall, dedicated customers of the BlackBerry are being forced to explore alternatives as the end of the BlackBerry era seems more likely. RIM has seen a 70 percent drop in value in the last year, and fell by almost 20 percent on June 29th after announcing a high [...]
BlackBerry May Have Reached End of the Road
June 26, 2012 | Posted by
Research in Motion, the company responsible for BlackBerry mobile devices, was on the receiving end of a grim ultimatum: Slash 90 percent of its current staff and focus on pleasing its hardcore users, or continue to slowly shrink to its demise. This coming from a Wall Street analyst hired to help turn the struggling company [...]
RIM Financial Challenges Signal The End Of The Road For Blackberry
May 30, 2012 | Posted by
Research in Motion took another step Tuesday toward radically reshaping or selling off the company. The BlackBerry maker hired JPMorgan (JPM, Fortune 500) and RBC Capital to “review” its strategic options. That’s generally corporate jargon for putting a company on the block. RIM’s new CEO Thorsten Heins said in late March that he was exploring [...]
