Tag Archives: RIM
With Apple making something extra big with its Q2 2012 results and having over $110 billion in cash, the Cupertino-based giant could theoretically buy three major rivals – Amazon, Nokia and Research In Motion although still the interesting thing left is that Apple still have cash to continue its shopping stigma (only if it wants to). Checking the market cap of all three:...
With the earlier news surrounded the web that the troubled BlackBerry maker Research In Motion was interviewing financial advisers. Reuters reports that the company has retained the services of law firm Milbank, Tweed, Hadley & McCloy LLP to lead a broad restructuring effort – include selling assets, seeking joint ventures or licensing patents. The publication...
With the recent makeover plan and in an urge to increase revenues, BlackBerry maker Research In Motion launching a low-cost BlackBerry smartphone for the Indian market. As BGR India details, it is based on BlackBerry OS 7.1, with a 2.44-inch QVGA display, Wi-Fi support, inbuilt radio, basic 2 megapixel camera and 2G support only. The real beauty is in the price, which...
The long-awaited Oracle and Google trial finally make its way to courtroom and what interesting thing is coming out that Oracle CEO Larry Ellison put up the fact that his company at one point considering purchasing the Blackberry maker Research In Motion or Palm in order to get into the mobile phone marketplace, reports The Wall Street Journal. But what interesting is...
The BlackBerry maker Research In Motion back in late March announced its fiscal fourth quarter results which was far grimmer as expected resulting in company’s co-CEO Jim Balsillie and other top executives leave the company. Reuters is reporting that Balsillie before leaving sought strategy shift for the company. Citing “two sources” familiar with the matter confirmed...
The BlackBerry maker RIM executive Scott Totzke told Bloomberg Businessweek that its share of the US government market “is probably increasing,” and that it sold 400,000 devices to federal agencies in the past year. RIM’s fiscal fourth quarter of 2012 saw a 19 percent drop in revenue totalling $125 million, and a 21 percent drop in shipments from Q3,...
