Research In Motion’s net profit jumped 32 percent in quarterly profit, but it issued a weaker-than-expected outlook as it pumped money into the launch of its PlayBook tablet computer. Get the full story »
RIM
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Blackberry Playbook to go on sale April 19
Research In Motion’s long-awaited tablet, the BlackBerry PlayBook, will go on sale in the United States and Canada on April 19 at a base price of $499. Get the full story »
Android climbs to top of smart phone heap
Android is now the most-used smart phone operating system in the United States — a stunning race to the top from a platform that didn’t exist 25 months ago.
Nearly one third, or 31.2 percent, of U.S. smart phones ran Google’s Android OS in January, according to a study released Monday by comScore. That outpaced the 30.4 percent of American smart phone owners who use BlackBerry devices, which are made by Research in Motion. Get the full story »
RIM’s PlayBook to span all high-speed access
Research In Motion, maker of the BlackBerry smart phone, will release its PlayBook tablet computer on two more high-speed network standards in the second half of 2011, the company said Monday.
The move to offer LTE and HSPA+ versions of its PlayBook guarantees access to the most advanced wireless data networks in the world, including all major carriers in North America. Get the full story »
India, Pakistan demand full BlackBerry access
India rejected on Monday Research In Motion’s offer to allow it only partial access to its BlackBerry data services as neighbouring Pakistan also moved to restrict the popular smartphone’s services.
It was not immediately clear what the Indian government, which says it is driven by security concerns, would do after the Canadian smartphone maker failed to fulfill demands to monitor encrypted corporate e-mail by a Jan. 31 deadline. RIM had said was confident India would not ban its services. Get the full story »
RIM assures that Wi-Fi only PlayBook on schedule
Research In Motion Ltd. reiterated Thursday its plans to release the Wi-Fi-only version of its PlayBook tablet in the first quarter of calendar 2011.
“The BlackBerry PlayBook is expected to begin shipping in the U.S. in Q1,” RIM said in an e-mail sent via their outside public-relations firm, Brodeur Partners. Get the full story »
BlackBerry PlayBook hurdle: Short battery life
If Research in Motion’s BlackBerry PlayBook is to succeed at market the way the company hopes, there are a few engineering hurdles to overcome. The most significant, according to Kaufman Bros. analyst Shaw Wu, is the device’s relatively poor battery life.
Sources tell him the tablet currently lasts just a few hours per charge, compared with rivals like Samsung’s Galaxy Tab, which lasts about six, and the iPad, which lasts upward of 10. If true, that’s an untenable situation for RIM, which really needs to hit the mark with the PlayBook, and it may cause a delay of the launch–if only for a bit. Get the full story »
RIM sees 3Q profits rise 45% on Torch strength
Research In Motion reported results that mostly beat expectations Thursday, and the BlackBerry maker forecast strong profits for the current quarter, pushing its shares higher in after-hours trade.
RIM said net profit jumped 45 percent in its third quarter, which ended Nov. 27. It said results were boosted by strong sales of its flagship Torch smartphone, a new product that combines a touch screen like Apple’s iPhone with RIM’s trademark mini keyboard. Get the full story »
RIM PlayBook tablet to sell for less than $500
BlackBerry maker Research In Motion, a late entrant in the tablet computer market, will take on Apple’s iPad with competitive pricing of its PlayBook.
RIM, which said it will sell the PlayBook for less than $500, is confident the 7-inch tablet would help sustain “fast sales growth,” said RIM Co-Chief Executive Jim Balsillie.
RIM’s Nasdaq-listed shares jumped more than 6 percent on Wednesday to as high as $58.72, their highest since June.
Get the full story »
Smart phone market up 96% in third quarter
Global smart phone sales nearly doubled in the third quarter, and Apple is now one of the top five bestselling manufacturers.
Research firm Gartner says cell phone manufacturers sold 80.5 million smart phones in the third quarter. It says nearly 1 in 5 of all phones sold is a smart phone. Get the full story »
BlackBerry’s corporate dominance may be eroding
Shares in Research In Motion slipped more than 3 percent on Friday morning as investors fretted the BlackBerry smartphone’s stranglehold on corporate communications was being eroded by rival devices. Get the full story »
RIM unveils PlayBook tablet to compete with iPad
Research In Motion unveiled a tablet computer on Monday that it hopes will leapfrog Apple’s iPad with its potential for social networking, media publishing and corporate uses.
The tablet, named BlackBerry PlayBook, has a seven-inch (18 cm) screen and dual facing cameras. It has WiFi and Bluetooth but needs to link with a BlackBerry smartphone to access the cellular network.
Shares of RIM jumped nearly 2 percent to $49.29 in after-hours trade following the announcement, made at the company’s annual developers’ conference in San Francisco. Get the full story »
BlackBerry-maker preparing to show iPad rival
BlackBerry maker Research In Motion Ltd. could unveil its new tablet computer — as well as the operating system that will power it — as early as next week at a developers’ conference in San Francisco, said people familiar with RIM’s plans.
The tablet, which some inside RIM are calling the BlackPad, is scheduled for release in the fourth quarter of this year, these people said. It will feature a seven-inch touch screen and one or two built-in cameras, they said. Get the full story »
U.S. delays web traffic rules
Communications regulators on Wednesday put off a controversial decision on Internet traffic rules, giving industry and consumer groups a chance to forge a compromise while avoiding a politically sensitive issue ahead of the November elections. Get the full story »