Ostensibly, BlackBerry's fortunes may be coming up roses due to CEO John Chen's cost-cutting efforts, transition to enterprise security software and consumer services to professionals in healthcare, finance and business. According to the recent third-quarter reporting results, the … [Read more...]
BlackBerry and T-Mobile U.S. licensing agreement dead in the water
BlackBerry confirmed in a statement Tuesday that it will not be renewing its licensing agreement with T-Mobile to sell BlackBerry products in the United States when the current contract expires on Apr. 25, 2014. The struggling Waterloo, Ontario-based company did state that … [Read more...]
BlackBerry lays off 120 employees at Waterloo headquarters
BlackBerry, the once dominant smartphone maker known as Research in Motion (RIM), confirmed Monday that it would be laying off an additional 120 employees in its product development and wireless technology divisions at its headquarters in Waterloo, Ontario. The staff reduction was … [Read more...]
Research in Motion Blackberry is being Eaten Alive by Apple
Research in Motion saw revenues fall yesterday despite a three month rally as it announced subscriber rates fell by 1 million during the third quarter, just one month before the release of its long-awaited Blackberry 10 OS. This is bad news to bear as RIM is gearing to launch the much … [Read more...]
Research In Motion (RIMM) Loses 1 Million Subscribers
Filed Under: RIMM - Research in Motion by
Just one month before troubled Research In Motion (NASDAQ: RIMM) is set to debut its long-delayed Blackberry 10 operating system, the Canadian company reported a loss of one million subscribers during the fiscal third quarter. The drop to 79 million customers marks the first such loss … [Read more...]
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