Research In Motion saw a challenging first quarter and the same troubles - hardware gap, BB7 delays, competitive headwinds, average selling price pressure - are weighing on its second quarter too.
Research In Motion's quarterly profit dropped and revenue missed its own limp forecast, forcing the BlackBerry maker to slash its outlook and sending its shares down 15 percent on Thursday.
Research in Motion, the venerable Blackberry maker is folding under pressure from rivals, notably Apple, but its betting that its next 'superphone' will bring it back to the top.
Research in Motion announced another dismal quarter on Thursday, slashing guidance and jobs as it recoils in the wake of a product onslaught from Apple.
Research in Motion reported a sharp drop in quarterly profit and slashed its full year outlook on Thursday, citing challenging conditions and delays in introducing new products.
As competition heats up, Canadian telecommunication company Research in Motion (RIM) is fast losing its standing in the highly competitive mobile market.
Research in Motion (RIMM) slashed its guidance on Thursday after quarterly profit dropped, saying that it would slash jobs as rivals mount pressure on the smartphone maker.
Research In Motion said on Thursday its quarterly profit dropped and revenue missed its lowered forecast, forcing the BlackBerry maker to slash its outlook and sending its shares sharply lower.
Research In Motion profit fell sharply on Thursday, and the BlackBerry maker missed its own lowered revenue forecast and slashed its full year outlook.
Research In Motion will struggle to give investors good news when it reports results after markets close on Thursday, but details on when new BlackBerry devices will hit shelves might help.
Blackberry maker RIM’s first tablet PC, the PlayBook is officially launched on Thursday in UK, which may give a tough competition to Apple’s iPad 2, especially over the starting price tag.
Tablet PCs are the frenzy currently and you might be bombarded with the shiny displays of latest and greatest tablets, but if you do not have any business purpose, how useful is the gadget to you?
Starbucks announced that it plans to extend its popular mobile payment app into the Android market, signaling a power shift in the mobile OS war in Google's favor.
Representative Anthony Weiner's claims he didn't use his congressional Blackberry to send salacious photographs and text messages may not be the only thing the House Ethics Committee is investigating.
Ever since Research In Motion warned about its quarterly results a month ago, investors have wanted to find out what the BlackBerry maker is doing to save its current quarter as it struggles to roll out competitive new products.
There are a few existing online storage and data syncing services that are providing online file storage, and the necessary tools and apps to keep everything synced. But because of the entry of Apple iCloud into their territory, they may have cause for concern.
Apple's new mobile operating system iOS 5 could be the magic tonic the technology giant needs to help it beat Google Ice Cream Sandwich - the new ambitious Android OS.
A no show by iPhone 5 at the Apple Worldwide Developers Conference (WWDC) 2011 could turn out to big a big miscarriage, marking a tectonic shift in Smartphone race favoring rival Android-based phones.
An investor in Research In Motion has pushed for a shareholder vote on whether Mike Lazaridis and Jim Balsillie should retain shared roles as chairmen of the board and chief executives at the BlackBerry maker.
BlackBerry maker Research In Motion will roll out its PlayBook tablet computer in 16 countries outside North America over the next month amid roiling criticism of its competitive stance.
The top pre-market NASDAQ Stock Market gainers are: Micromet, Verigy, Harbin Electric, Zipcar, Lululemon Athletica, and BioCryst Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Diana Containerships, Life Partners Holdings, LM Ericsson Telephone, SIRIUS XM Radio, Research In Motion, and Vodafone Group.
Caris & Co. said Kindle is a multi-billion dollar opportunity for Amazon.com Inc. (NASDAQ: AMZN). Kindle can generate revenue in excess of $5.48 billion and $1.20 billion in gross profit in 2011, while the brokerage expects at least $8.64 billion in revenue and $2.11 billion in gross profit by 2012.