Tag Archives: Research In Motion
According to Ahram, BlackBerry maker Research In Motion (RIM) planning to open its first Africa-based development centre in Cairo in order to attract local developers. The centre will be established at Smart Village, the high-tech industrial park located alongside the Cairo-Alexandria road on the western edge of the capital. RIM’s regional manager for North Africa,...
Research In Motion which recently announced its revenue for the fourth quarter of fiscal 2012 was $4.2 billion, down 19% from $5.2 billion in the previous quarter and down 25% from $5.6 billion in the same quarter of fiscal 2011. The BlackBerry as a brand still has undeniable value that is why RIM’s status is consider as an icon of Canadian innovation. Federal Finance...
RIM issued fiscal fourth-quarter results that once again were far grimmer than analysts had expected, as BlackBerry sales and shipments fell sharply amid intensifying competition, and writedowns tied to inventory and acquisitions left the company with a loss of $125 million (U.S.), its first quarterly loss since fiscal 2005. RIM also announced a number of executive changes,...
RIM has announced its revenue for the fourth quarter of fiscal 2012 was $4.2 billion, down 19% from $5.2 billion in the previous quarter and down 25% from $5.6 billion in the same quarter of fiscal 2011. The revenue breakdown for the quarter was approximately 68% for hardware, 27% for service and 5% for software and other revenue. During the quarter, RIM shipped approximately...
Research In Motion (RIM) reported that the results for the fourth quarter and year-end of fiscal 2012 will be releasing on March 29, 2012 after the close of the market. Over on which Analysts says that there was no profit warning but the BlackBerry 7 smartphones are “aging rapidly” and the outlook from RIM could be dismal. Wall Street is expecting fourth quarter...
The BlackBerry maker Research In Motion (RIM) has delayed its annual presentation to financial analysts, which usually take place during the BlackBerry World Conference in May. A date and location for the meeting have not yet been decided, reports Reuters. “We decided to make BlackBerry World more focused on customers, developers and partners,” RIM spokeswoman...
