RIM ripped over miss

CBC.ca - 16 Sep, 2011
Beginning of Story Content It wasn't quite an apology, but it was close. As investors pummelled shares of Research In Motion Ltd. in after-hours trading Thursday evening, the BlackBerry-maker's co-chief executive tandem of Jim Balsillie and Mike ...

RIM ripped over miss

Victoria Times Colonist - Matt Hartley - 16 Sep, 2011
As investors pummelled shares of Research In Motion Ltd. in after-hours trading Thursday evening, the BlackBerry-maker's co-chief executive tandem of Jim Balsillie and Mike Lazaridis hopped on ...

RIM shares likely to fall after poor results

CTV.ca - 16 Sep, 2011
The Research In Motion facility in Halifax is seen on Monday, July 25, 2011. (Andrew Vaughan / THE CANADIAN PRESS) TORONTO â€" Research In Motion's stock could come under selling pressure on the TSX Friday after the smartphone maker reported falling ...

RIM shares drop as sales and profit plunge

CNNMoney - Stacy Cowley - 16 Sep, 2011
NEW YORK (CNNMoney) -- Research in Motion shares dropped sharply in premarket trading Friday, a day after the company announced grim second-quarter results that fell far short of Wall ...

Phone rivalry drives down RIM earnings

BusinessWeek - 16 Sep, 2011
Shares of Research In Motion plummeted more than 13 percent after hours after the BlackBerry maker reported its net income and revenue declined in its fiscal second quarter. The company continues to struggle to compete with the iPhone and smartphones ...

Ahead of the Bell: Research In Motion

BusinessWeek - 16 Sep, 2011
Research In Motion will likely meet or slightly exceed Wall Street expectations for the second quarter thanks to strong sales of the latest incarnation of the BlackBerry, according to Cowen and Co. research Thursday. Overall market conditions were ...

RIM's market share slipping faster than expected

Reuters - Tenzin Pema, Maju Samuel - 16 Sep, 2011
A person uses the new Blackberry Bold 9900 at a release party to promote the BlackBerry OS 7 devices in Toronto August 3, 2011. (Reuters) - Research In Motion is losing market share much faster than expected to rivals Apple and Google, amid mounting ...

Blackberry's UK service would be closed if ordered

Reuters - Avril Ormsby, Alison Williams - 16 Sep, 2011
A Blackberry Torch 9860 is displayed at a release party to promote the BlackBerry OS 7 devices in Toronto August 3, 2011. LONDON (Reuters) - BlackBerry (RIM.TO) said on Thursday it would work with mobile operators to switch off its popular messenger ...

Facebook, Twitter, BlackBerry chiefs quizzed by Parliament over riots

ZDNet (blog) - Zack Whittaker - 16 Sep, 2011
Summary: Over 3300 people were arrested, some charged and many jailed after the England riots in August. Facebook, Twitter and BlackBerry were called to parliament to give evidence. ...

RIM's market share slipping faster than expected - analysts

Reuters India - Tenzin Pema, Maju Samuel - 16 Sep, 2011
Blackberry devices are displayed at a release party to promote the BlackBerry OS 7 devices in Toronto August 3, 2011. REUTERS - Research In Motion is losing market share much faster than expected to rivals Apple and Google, amid mounting concerns over ...

RIM's Playbook and smartphone sales plummet

Inquirer - Kate O'Flaherty - 16 Sep, 2011
By Kate O'Flaherty CANADIAN MOBILE MAKER Research in Motion (RIM) has seen its Playbook and smartphone sales plummet, the Blackberry maker's second fiscal quarter results have revealed. The firm shipped just 200000 BlackBerry Playbooks in its second ...

Expect a bloodbath for RIM when markets open today

Globe and Mail - 16 Sep, 2011
These are stories Report on Business is following Friday, Sept. 16. Get the top business stories through the day on BlackBerry or iPhone by bookmarking our mobile-friendly webpage. Shares of Research In Motion Ltd. RIM-T are in for a drubbing when ...

VIDEO: Home Affairs committee

BBC News - 16 Sep, 2011
The Home Affairs committee took evidence from English police chiefs and from Twitter, Facebook and Blackberry executives as part of their inquiry into the riots seen during August. 4) Stephen Bates, UK managing director of Blackberry owner, ...

UPDATE 1-Analysts say RIM losing share faster than expected

Reuters - Tenzin Pema, Maju Samuel - 16 Sep, 2011
Sept 16 (Reuters) - Research In Motion (RIM.TO) (RIMM.O) is losing market share much faster than expected, warned analysts on Friday, a day after the BlackBerry maker gave a weak outlook in further proof that the company was not gaining ground on ...

BlackBerry Maker Hit By Slump In Profits

Sky News - 16 Sep, 2011
The company behind BlackBerry has seen its profits almost halved as sales of its tablets and smartphones fell below expectations. Research In Motion (RIM), which has has more than 70 million subscribers, painted a grey picture for its second quarter. ...

RIM is having a very bad week

Vancouver Sun - 16 Sep, 2011
Shares of RIM dove more than 15 per cent in the United States in afterhours trading on Thursday after the Waterloo, Ont.-based BlackBerry maker reported secondquarter financial earnings that fell well short of Wall Street expectations. ...

RIM placing all bets on success of BlackBerry 7

ZDNet (blog) - Rachel King - 16 Sep, 2011
Summary: RIM executives play the blame game and find excuses for disappointing sales of smartphones and tablets. If one didn't see Research In Motion's fiscal second quarter results before the investors ...

RIM Q2 net income drops 59% to $329 million; strong Q3 guidance

NDTV.com - 16 Sep, 2011
PTI , September 16 , 2011(Waterloo/New Delhi) Research In Motion Limited (RIM), the maker of BlackBerry smartphones, has reported a nearly 59 per cent decline in net income to $329 million for the three-month period ended August 27, 2011. ...

RIM will close BBM service if asked

News24 - 16 Sep, 2011
London - Research In Motion (RIM) has said it will close down its BlackBerry messenger service in Britain if ordered to at times of civil unrest, after police singled out the system as a key tool used in riots during August. ...

RIM Drops as Investors Disappointed for Third Straight Quarter

BusinessWeek - 16 Sep, 2011
Sept. 16 (Bloomberg) -- Research In Motion Ltd., struggling to compete against Apple Inc.'s iPhone and iPad, plunged in extended trading yesterday after its earnings report disappointed investors for the third consecutive quarter. ...

RIM reports plunging profits amid job cuts, aging lineup

CTV.ca - 16 Sep, 2011
MONTREAL â€" Research In Motion's quarterly net profit plunged and its shares took a hit Thursday as the Canadian technology icon booked a big charge for cutting 2000 jobs and had lower than expected sales of smartphones and tablets. ...

Phone rivalry drives down RIM earnings

USA Today - Rob Gillies - 16 Sep, 2011
TORONTO â€" BlackBerry maker Research In Motion reported a sharp drop in net income and revenue on Thursday and said it sold far fewer tablet computers than it expected. Shares plummeted more than 19 percent as the crisis at the once ...

RIM results, outlook stun investors even after warning

Reuters India - Alastair Sharp, Euan Rocha - 16 Sep, 2011
A salesman is seen behind the box of a BlackBerry handset at a shop in Kochi August 18, 2010. Research In Motion reported a steep drop in quarterly profit on limp sales of its smartphones and tablets, and offered investors little hope of a turnaround ...

Will RIM Slash Prices for the PlayBook Tablet?

PC Magazine - Damon Poeter - 16 Sep, 2011
Research in Motion delivered the bad news about a bad quarter Thursday and the most troubling might have been that the company sold about half a million fewer of its BlackBerry PlayBook tablets than expected. That's naturally leading to ...

Poor sales hurt BlackBerry maker

The Australian - 16 Sep, 2011
SHARES in Research In Motion fell sharply in after-hours trading on Thursday after the BlackBerry maker said it shipped fewer smartphones and tablet computers than expected in the quarter. The Waterloo, Ontario-based RIM said net profit fell to $US329 ...

Rim shares plunge on lower-than-expected earnings

Vancouver Sun - Matt Hartley - 16 Sep, 2011
Jeff McDowell, senior vice president of enterprise and platform marketing for Research in Motion, poses with RIM's prototype PlayBook, a seven-inch tablet, during an interview at the 2011 International ...

RIM results, outlook stun investors even after warning

Reuters India - Alastair Sharp, Euan Rocha - 16 Sep, 2011
A man uses a Blackberry mobile phone to take a picture of leaders of the BRICS during a joint news conference in Sanya, Hainan province April 14, 2011. By Alastair Sharp REUTERS - Research In Motion reported a steep drop in quarterly profit on limp ...

RIM profits nearly sliced in half

Register - 16 Sep, 2011
Research in Motion's shares have fallen sharply after the Blackberry maker reported that profits were down 47 per cent for its second quarter of the fiscal year. Adjusted net income for the quarter was $497 million, down from $797 million this time ...

RIM earnings plummet by more than half

ZDNet Asia - Roger Cheng - 16 Sep, 2011
Research In Motion posts second-quarter results below expectations and warns full-year profits will be at the low end of its previously stated range. Playbook tablet shipments look really ...

RIM: It Could Be Worse (No, Really)

Forbes - 16 Sep, 2011
I joined Forbes' Silicon Valley bureau in 2007. I've fed a laptop to a tiger, staked out a warehouse filled with Apple computers, outsourced my job so I could spend more time writing titles for porn flicks, raced cupcake cars, tried to shoot a laptop ...

 

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