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RIM sitting on 800000 PlayBooks, report saysZDNet Asia - Roger Cheng - 22 Sep, 2011That's bad news for Research In Motion, which only shipped 700000 PlayBook tablets to its retail partners over the past two months. Research In Motion has a backlog of roughly 800000 ... |
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RIM's damaged brandFinancial Post (blog) - Tyler Anderson - 22 Sep, 2011Just a few years ago, Research In Motion Ltd. smartphones were status symbols with unsurpassed cachet. In the fall of 2009, even as RIM struggled to weather the global economic downturn, it appeared as though the company was on the verge of a ... |
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Is RIM Cutting Production of the PlayBook?PC Magazine - Leslie Horn - 22 Sep, 2011With sales of the BlackBerry PlayBook looking increasingly dismal, RIM is cutting production of its tablet. According to a Digitimes report, PlayBook manufacturer Quanta Computer has plans to fire 1000 employees in its Taiwan plant set ... |
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RIM Slows PlayBook Production: ReportFox Business - Zach Epstein - 22 Sep, 2011Research In Motion is reportedly slowing production of the BlackBerry PlayBook tablet following its second-quarter earnings report, during which the vendor stated that only 200000 PlayBooks were sold into sales channels in the quarter. ... |
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RIM Faces Slew Of New Competition From iPhone 5, Windows, Ice Cream Sandwich ...Forbes - 22 Sep, 2011Research in Motion's stock dropped by around 20% when the company announced its August ending fiscal year Q2 2012 results last Thursday. The results were clearly disappointing, which prompted us to revise our price estimate lower for RIM stock to $26. ... |
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Credibility a struggle for RIMVancouver Sun - 22 Sep, 2011BlackBerry maker Research In Motion must launch innovative devices on schedule and offer credible earnings forecasts to win back the trust of investors made wary by its missteps, an analyst said Tuesday. In a note to clients, RBC Capital Markets ... |
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RIM sitting on 800000 PlayBooks, report saysCNET - Roger Cheng - 22 Sep, 2011Citing an analyst from Fubon Securities, the UK publication reported today that RIM's supplier, Quanta Computer, had shipped 1.5 million PlayBooks to RIM in the first half. But RIM has only shipped 700000 Playbooks--including 200000 from the past ... |
RIMM: Quanta Reportedly Cuts PlayBook ProductionForbes - 22 Sep, 2011After a long career at Barron's, I joined Forbes as San Francisco bureau chief in December 2010. I've been writing about technology and investing for more than 25 years. With the Tech Trade, I'll pick up where I left off when I was writing the Tech ... |
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RIM's PlayBook Seen as Longshot to Succeed (RIMM)Financial News Network Online - 22 Sep, 2011The QNX operating system featured in the BlackBerry (NASDAQ:RIMM) PlayBook tablet has been tied to the company's dismal market performance and is now seen as a longshot to succeed in what is becoming a fierce market climate created by the competitive ... |
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Rim's cuts at PlayBook factory point to huge inventory backlogThe Guardian - 22 Sep, 2011BlackBerry maker Research in Motion (RIM) may have an unsold stockpile of nearly 800000 PlayBook tablets â€" more than it shipped to wholesalers and retailers in its first six months â€" made for it by Quanta Computer, the world's largest PC contract maker ... |
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Taiwan's Quanta to cut 1000 workersAFP - 22 Sep, 2011TAIPEI â€" Taiwan's Quanta Computer, a leading notebook computer maker, said Wednesday it will lay off 1000 workers at a local factory that was reopened just months ago due to poor sales of non-iPad tablets. Workers at the company's plant in Linkou, ... |
Quanta employee numbers down as orders fallTimes of India - 22 Sep, 2011TAIPEI: Quanta Computer Inc, the world's largest PC contract maker, said that employees at its Taiwan production line number less than 2000, down from about 3000 in the first half, following a decline in client orders. Quanta spokesman Elton Yang said ... |
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Quanta Computer Keeps 3Q, 2011 Guidance After Staff Cut In TaiwanWall Street Journal - Lorraine Luk - 22 Sep, 2011TAIPEI (Dow Jones)--Quanta Computer Inc. (2382.TW) said Wednesday it maintains its guidance for operations in the third quarter and full year after announcing earlier that it will downsize its workforce in Taiwan for a "specific ... |
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Quanta Computer Keeps 3Q, 2011 Guidance After Staff Cut In TaiwanFox Business - Lorraine Luk - 22 Sep, 2011TAIPEI -(Dow Jones)- Quanta Computer Inc. (2382.TW) said Wednesday it maintains its guidance for operations in the third quarter and full year after downsizing its workforce in Taiwan. The adjustment in workforce will have limited ... |
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Taiwan-based high-tech corporation Quanta cuts down thousand workerseTaiwan News - 22 Sep, 2011Shares of Quanta Computer Inc., the world's largest notebook computer ODM service provider, took a beating in Wednesday morning trading after the company announced an early buyout plan at its plants located in Taoyuan, dealers said. ... |
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Quanta says Taiwan staff down as client orders fallReuters - Clare Jim, Chris Lewis - Sep 20, 2011TAIPEI (Reuters) - Quanta Computer Inc, the world's largest PC contract maker, said on Wednesday that employees at its Taiwan production line number less than 2000, down from about 3000 in the first half, following a decline in client ... |
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Quanta To Trim Workforce At RIM Tablets Production Line - SourceFox Business - Lorraine Luk - Sep 20, 2011TAIPEI -(Dow Jones)- Quanta Computer Inc. (2382.TW) will downsize its production line for Research In Motion Ltd.'s (RIMM) PlayBook tablet personal computers as a result of declining orders, a person familiar with the situation said ... |
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Quanta to lay off 2000 on 'preferential terms'AsiaOne - Sep 20, 2011TAIWAN - Quanta Computer Inc., one of the largest notebook computer ODM companies in the world, has formally announced a plan to lay off around 2000 employees at its Taoyuan plants due to the conclusion of a contract manufacturing project for an ... |
Taiwan stocks edge up; Quanta falls on output cut reportReuters - Sep 20, 2011TAIPEI, Sept 21 (Reuters) - Taiwan stocks opened 0.3 percent higher on Wednesday, led by the electronics and transport sectors, though Quanta Computer tumbled after media reports it had cut output due to poor sales of RIM's PlayBook tablet. ... |
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Quanta Trims Workforce As Business Shrinks - ReportFox Business - Sep 20, 2011By Taipei Bureau TAIPEI -(Dow Jones)- Taiwanese contract notebook maker Quanta Computer Inc. (2382.TW) has trimmed its workforce at a production facility in Taoyuan due to a decline in its business, the Taipei Times reported Wednesday citing an unnamed ... |
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RIM: Plunge In US Among Long-Term Issues, Says CitiBarron's (blog) - Tiernan Ray - Sep 20, 2011A number of analysts have been poring over Research in Motion's (RIMM) 6-K filing, released yesterday, trying to tease out insights about the disappointing fiscal Q2 results it reported last week. Morgan Keegan's Tavis McCourt raised ... |
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Why Rim won't kill the PlayBook - and Nokia is its new biggest dangerThe Guardian (blog) - Sep 20, 2011The BlackBerry-maker's tablet has not been a huge seller, but it can't dump it yet because it's preparing a shift to a new platform. That puts it on a collision course with Nokia in the next nine months BlackBerry PlayBook: it's going to hold back ... |
Quanta offers early retirement packageTaipei Times - Jason Tan - Sep 20, 2011ORDER CUT:A Quanta official said the company had to cut its workforce as one of its projects is nearing an end. Local media said the client was Research in Motion By Jason Tan / Staff Reporter Quanta Computer Inc (廣é"電腦), the world's largest ... |
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RIM: RBC Cuts Target To $29; Innovation, Execution CriticalBarron's (blog) - Tiernan Ray - Sep 20, 2011RBC Capital's Mike Abramsky this morning reiterates a Sector Perform rating on shares of Research in Motion (RIMM), and cut his price target to $29 from $35, while arguing that the stock won't move until the company tackles four “key ... |
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Barriers to a RIM turnaroundFinancial Post - Sep 20, 2011RIM Co-CEO Jim Balsillie at the company's annual meeting in July. Better governance is one of four key issues RBC Capital Markets' Mike Abramsky flagged for change if the company hopes to turn its fortunes around. Stale products, clumsy marketing and ... |
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Commentary: One thing RIM does have is the BlackBerry trademarkMarketWatch - John C. Dvorak - Sep 19, 2011BERKELEY, Calif. (MarketWatch) â€" I've been reluctant to write a column declaring that it's over for Research In Motion Ltd. and its BlackBerry, but with this week's numbers and forecasts I cannot see the company making another ... |
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RIM Fourth Quarter $1.82-a-Share Doubts Over Tablet Mount: TechSan Francisco Chronicle - Sep 19, 2011Sept. 19 (Bloomberg) -- Research In Motion Ltd., which disappointed investors last week for the third quarter in a row, will probably fall short of full-year forecasts too amid intensifying competition from Apple Inc. and Google Inc. RIM said it will ... |
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RIM's full-year forecast now in doubtFinancial Post (blog) - Hugo Miller, Sarah Frier - Sep 19, 2011BlackBerrys displayed at a release party to promote the BlackBerry OS 7 devices in Toronto on Aug. 3 By Hugo Miller and Sarah Frier Research In Motion Ltd., which disappointed investors last week for the third quarter in a row, will probably fall short ... |
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RIM has some breathing room, believe it or notGlobe and Mail - tim kiladze - Sep 19, 2011After plummeting 20 per cent on Friday, Research in Motion Ltd.'s RIM-T shares have found some solid ground. While that footing is only temporary, it's certainly a good thing for the company, because panic can be blinding. ... |
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BlackBerry PlayBook offered at Bestbuy with a reasonable pricePlanet Insane - Marie Cloutier - 22 Sep, 2011The BlackBerry PlayBook is currently being offered in the market at a discount by a major retailer. The 64GB version of the BlackBerry PlayBook is being sold with a discount of $150. From the original price tag of around $700, the tablet from RIM is ... |
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