Canadian firm BlackBerry (formerly known as RIM) plans to make its popular BlackBerry Messenger (BBM) application available on iOS and Android platforms later this year.
Canadian device maker BlackBerry is showing signs of stability after posting a $94m GAAP profit for 1Q13, representing almost a seven-fold increase on the $14m posted in the previous quarter, and up from the $118m loss it posted in the same quarter last year.
A bank in Indonesia has developed the first mobile payments service for Canadian handset maker BlackBerry’s Messenger service (BBM). PermataBank has teamed up with British mobile banking solutions provider Monitise to roll out a commercial pilot of BBM Money in the country ahead of a full launch.
Canadian handset maker BlackBerry has appointed two industry veterans to its board of directors. Richard “Dick” Lynch, retired executive VP of US operator Verizon, and Bert Nordberg, former CEO at Sony Ericsson, join the firm as it looks to reverse its decline, with all bets on the newly launched BlackBerry 10 platform.
Blackberry – the Canadian handset maker formerly known as RIM – has had a tough time in the months leading up to the launch of its long-awaited BlackBerry 10 operating system. Its financial struggles, fading market share, service outages, management overhaul and the several delays to the launch of the platform has generated unfavourable media coverage for the firm.
Canadian handset manufacturer BlackBerry has unveiled its long-awaited BlackBerry 10 operating system. At an event in New York yesterday, CEO Thorsten Heins revealed two devices running on the OS and announced the new brand name of the company, which was formerly known as RIM.
Despite having seen its market share drop considerably over the past two years and having delayed the launch of the platform several times, Canadian handset firm BlackBerry launched its BlackBerry 10 platform this week, still hoping to disrupt a smartphone market dominated by iOS and Android.
Sales above three million units of BlackBerry Z10 in the first three months on sale will send BlackBerry shares sky high, but anything below one million will not be well received by investors.
Canadian BlackBerry maker RIM has a lot to prove wtih the launch of its Blackberry 10 (BB10) operating system later today. The handset vendor’s struggles have been much publicised—after posting disappointing financial results throughout last year it watched its share of the global smartphone market drop to just 4.1 per cent in 2012, according to data from Informa’s Intelligence Centre. In 2010 it had been more than 17 per cent.
Embattled handset manufacturers Nokia and RIM are now locked in a dispute with each other over patents in the US, Canada and UK. The two firms are fighting over intellectual property they have licensed to each other since 2003, which enables phones to connect to wifi networks.
Finding an enterprise that doesn’t rely on Microsoft software is something of a challenge yet, when it comes to mobility, BlackBerry is king. But with software now seen as the key differentiator, how long will this remain the state of play?
Canadian vendor RIM said it has now seen three billion apps downloaded for BlackBerry smartphones and the PlayBook tablet from its App World store, since it was launched in March 2009.
Canadian vendor RIM has released its first-quarter results for the 2013 financial year. The company’s revenues have declined for the fourth consecutive quarter to reach US$ 2.8 billion, or a 33 per cent decline compared with the previous quarter. The company reported its first quarterly operating loss in more than seven years with a net loss of 18.5 per cent. However, not all parts of its business are performing badly.
Canadian Blackberry manufacturer RIM had a torrid 2011, in which it generated a lot of negative publicity by underperforming financially, experiencing a high profile outage, facing calls from shareholders to sell up and seeing its co-CEOs and founders step down. Its message to stakeholders during this difficult time has been a call for patience, with claims that the next software platform to be released will be a real game-changer. So the unveiling of the BlackBerry 10 platform this week was met with great expectation.
Embattled BlackBerry maker RIM has warned that it expects to post an operating loss in its fiscal first quarter.The firm said it has now has hired JP Morgan and RBC Capital to conduct a far-reaching strategic review and to look for partnerships, while also announcing plans to cut a “significant” number of jobs.
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