Research In Motion is pinning its hopes on new smartphones using a much improved platform, but the company isn’t showing off the final product until next month. A video surfaced today one of the reported new phones, giving a potential glimpse of RIM’s future.
At a time where Research In Motion needs all the momentum it can muster, it may lose a little more. Nokia has asked for sales ban on all BlackBerry devices in the U.S. that use Wi-Fi, which is most of them.
Research in Motion posted a loss of $235 million on revenues of $2.9 billion. The company, which shipped 7.4 million smartphones and 130,000 tablets, beat lowered expectations and continues to sit on a good pot of cash.
Research In Motion is reportedly prepping an LTE PlayBook tablet for at least one Canadian network but it’s unlikely to boost tablet sales. Instead, the company should be focused on getting its new OS on phones sooner or improving the tablet in other ways.
The death spiral of Research in Motion (s rimm) appeared to get even more steep as the device maker reported a huge miss Thursday in its quarterly earnings and reported that its savior platform, BlackBerry 10, will not be ready until next year.
Among several options Research In Motion is currently reviewing for its continued transition is the sale of its BlackBerry handset division. That would keep the company alive, but only as a services provider; a bad situation given that 79 percent of RIM’s revenues come from hardware.
Research In Motion is reportedly weighing options with financial advisors in an effort to stem the company’s continued fall from grace. RIM doesn’t plan to sell itself, but is considering a strategic investment and would lean towards licensing its BlackBerry software. But who might want it?
What started as a brief message interruption for BlackBerry users in Europe has now become a worldwide problem that has left millions of people unable to get service — and highlights the leadership problems at the top of Research in Motion.
Research In Motion has become the favorite whipping boy of one and all, for multitude of reasons. Nevertheless, the new Blackberry OS 7.0 gives the company a shot at staying relevant in the near term and fight it out for the third spot with others.
Proposals to give police the power to shut down social networks in Britain — proposed as a dramatic reaction to the riots that spread across the country this month — appear to have been dumped by the government. A victory for sensible people everywhere, or a warning sign?
