Showing posts with label Research In Motion. Show all posts
Showing posts with label Research In Motion. Show all posts

Friday, July 15, 2011

RIM Keeps Losing Its Market Share to Apple, Google

According to the report of a recently conducted research, the analysts have declared that Research In Motion has laid off even more of its market share to the giants, Apple and Google, in the extremely competitive U.S. smartphone market than ever before. Now that the two mobile phone giants are attempting to cut price targets, it has raised even more concerns for the BlackBerry maker. Even this Friday, the shares of RIM kept on declining, as the research firm stated that the market share of company has been reducing constantly since three months now.
Image representing Research In Motion as depic...Image via CrunchBase
Meanwhile the rapidly grown Android platform of Google has peaked up to a 36.4 percent shares in its value and Apple's iPhone increased to a 26 percent, whereas, RIM kept falling down and has lessened down to 25.7 percent from its 30.4 percent share last quarter. These statistics were published in the report of comScore, whereas it has lead to a drop of RIM’s position from second to third in the market. This on-going struggle of RIM is very much unlikely to get easier any soon, the upcoming new iCloud service of Apple is anticipated to cause even more troubles for RIM, predicts Sterne Agee analyst, Shaw Wu.
The shares of RIM, who was once the leader in the corporate smartphone market, have almost lost all of their value since Apple's iPhone and Google's Android software completely transformed the whole sector. The shares of RIM have gone 3.7 percent lower on the Nasdaq at $38.93, which is the first time they ever went below $40 since March 2009. Many analysts claim this downfall of RIM to be aided by its poor price targeting in stock citing concerns, increasing competition and uncertainty in the timings of launch of new product.
The new BlackBerry Bold, a touchscreen model of RIM, was actually announced to be released in "summer," i.e. somewhere early May. But this mobile is not even reaches the stores until September yet, pointed out the tech blog Boy Genius.

Monday, June 13, 2011

RIM Almost Hits the Lowest Rate of Its Shares in 2 Years, Facing the Recalls of Some Playbooks


Image representing Research In Motion as depic...Image via CrunchBase
Research In Motion has almost reached such low shares that it might be their lowest in the past two-year, as seen on Monday after the company received almost a thousand of its Playbook tablet computers back due a problem in its operating system. The Canada-based company was already suffering hardly in the past few months, as it tried not to disappoint its frustrated investors due to their slashing sales. RIM has now made an ambitious announcement declaring that the next batch of the device, having the storage capacity of 16 GB, will be shipped with "an OS build that may result in the devices being unable to properly load software upon initial set-up."
The PlayBook is operating on a QNX platform, acquired by RIM just last year, as it further plans to also shift its new smartphones on to the same platform as soon as 2012.

Monday, May 30, 2011

Microsoft’s Bing and Map Service agreed to be the default services on BlackBerry by RIM


It was announced today, on Tuesday, by the C.E.O. of Microsoft, Steve Ballmer himself that its much alive search engine, Bing along with its maps services has been agreed to be made the default services for all BlackBerry devices. This announcement was preceded by a sudden surprise visit of the Microsoft C.E.O during the three day long BlackBerry World developer’s conference. This conference is held every year, by the manufacturers of famous business smartphone makers, Research In Motion (RIM) in Orlando, Florida.
Image representing Bing as depicted in CrunchBase                         Image via CrunchBase
It was also again published officially in the blog of the director of Bing; Matt Dahlin who said that the service will be set as the preferred search provider in the internet browser of all BlackBerry’s by default. It was also stated that the similar treatment will be given to the map service of Microsoft on the map application of Blackberry devices. Additionally it was also mentioned that agreement also extends to the RIM's new BlackBerry Playbook, as Bing will decidedly be the default search engine and along with the map application. Playbook is a very steep product of RIM, which will be a touchscreen tablet computer, competing in the market with products like Apple’s iPad. Dahln also said that "We are excited to be working with RIM, an early leader in Internet-connected mobile devices, to help people make better decisions with Bing.”

Saturday, May 28, 2011

RIM Reveals New BlackBerry Bold Smartphone As It Thrives To Retain Its Lost Markets


Research In Motion has finally revealed its latest upgraded version of its BlackBerry Bold smartphone. The announcement was mande on Monday, added by the discussion on the enhancements its has brought to the BlackBerry operating system, as the company tries harder to keep its grip on the market after a profit warning. RIM claimed that its latest touch-screen cell phone will be sold worldwide this summer. It claimed that this new cell phone will even have relatively stronger processor than the Torch, and it confessed that its platform was getting old, so have overhauled too.
Image representing Research In Motion as depic...Image via CrunchBase
RIM gave surprising news to all its investors last week, when it announced a profit warning. It lifted all the expectations only just weeks after had previously issued a dismal of outlook for its results. The sales of RIM’s BlackBerry have been declining, particularly in the areas like U.S. and Latin America, which gives more market share to giant companies like Apple and Google.

Saturday, May 14, 2011

RIM Puts Up a Competing Bid against Google for the Nortel Wireless Patents


Recently, the company, Research In Motion (RIM) has tried to beat the bid of the search-engine giant Google Inc, which posted the price of a total $900 million to buy the patents of Nortel Networks Corp. These patents include not only wireless technology but also wired technology patents, as informed by a story of Bloomberg, which claims to have brought this information from to unique sources very close to the situation.
Image representing Research In Motion as depic...Image via CrunchBaseNortel despite being an unarguable leader of both wired and wireless technology had to actually face bankruptcy protection, back in January 2009.  All the possessions of the company had to eventually be put up for auction, this included an approx. amount of 6,000 patents related to the company’s applications of wireless, data and optical networking, voice, Internet, semiconductors and other technologies.

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