Showing posts with label RIM. Show all posts
Showing posts with label RIM. Show all posts

Friday, September 21, 2012

BlackBerry Outage Hits Europe and Africa

Research in Motion (RIM) suffered a widespread outage of its BlackBerry service for customers across Europe and Africa.  Messages were delayed by up to 3 hours.

Thorsten Heins, RIM President and CEO, apologized for the disruption and said an investigation is underway.

Wednesday, June 27, 2012

RIM Posts Steep Sales Drop, Delays BlackBerry 10, Cuts 5,000 Staff

Research In Motion reported quarterly revenue $2.8 billion, down 33% from $4.2 billion in the previous quarter and down 43% from $4.9 billion in the same period last year. There was a GAAP net loss in Q1 of $518 million or $0.99 per share diluted; adjusted net loss of $192 million or $0.37 per share diluted.

Citing code writing delays, the company has decided to postpone the launch of its BlackBerry 10 smartphones until Q1 of calendar 2013.

RIM also announced a global workforce reduction of approximately 5,000 employees, a reduction in the number of layers of management, a streamlining of its supply chain, which includes the consolidation of our manufacturing footprint from 10 external manufacturing sites to three, and the outsourcing of its Global Repair unit.

"RIM’s development teams are relentlessly focussed on ensuring the quality and reliability of the platform and I will not compromise the product by delivering it before it is ready. I am confident that the first BlackBerry 10 smartphones will provide a ground-breaking next generation smartphone user experience," said Thorsten Heins, President and CEO.

Wednesday, March 28, 2012

RIM's Sales Fall 25% YoY, New CEO Appointed

Research in Motion (RIM) posted quarterly revenue of $4.2 billion, down 19% from $5.2 billion in the previous
quarter and down 25% from $5.6 billion in the same quarter of fiscal 2011. There was a net loss for the quarter of $125 million, or $0.24 per share diluted, compared with GAAP net income of $265 million, or $0.51 per share diluted, in the prior quarter and GAAP net income of $934 million, or $1.78 per share diluted, in the same quarter of fiscal 2011.

The company named Thorsten Heins as President and Chief Executive Officer. Mr. Heins was also appointed to RIM’s Board. Jim Balsillie, former Co-CEO of the Company, has resigned as a Director on the company’s Board. Mike Lazaridis, former Co-Chair and Co-CEO, has become Vice Chair of RIM’s Board and Chair of the Board’s new Innovation Committee.

“I have assessed many aspects of RIM’s business during my first 10 weeks as CEO. I have confirmed that the
Company has substantial strengths that can be further leveraged to improve our financial performance,
including RIM’s global network infrastructure, a strong enterprise offering and a large and growing base of
more than 77 million subscribers. I’m very excited about the prospects for the BlackBerry 10 platform, which
is on track for the latter part of calendar 2012. Notwithstanding these strengths and opportunities, the business
challenges we face over the next several quarters are significant and I am taking the necessary steps to address
them,�? said Thorsten Heins, President & CEO of Research In Motion

Thursday, January 19, 2012

RIM Replaces its Co-CEOs

Research In Motion (RIM) named Thorsten Heins as President and Chief Executive Officer, replacing its previous co-CEOs. Mike Lazaridis, former Co-Chair and Co-CEO, has become Vice Chair of RIM’s Board and Chair of the Board’s new Innovation Committee. Jim Balsillie, former co-CEO, remains a member of the Board.

Monday, October 17, 2011

RIM Unveils BBX -- its Next Gen BlackBerry Platform

Research in Motion introduced its next generation mobile platform for BlackBerry smartphones and tablets.

Key features of BBX include support for HTML5 with BlackBerry WebWorks, Adobe AIR, Native C/C++, and the BlackBerry Runtime for Android Apps. Apps built today for the BlackBerry PlayBook tablet will also run on BBX.

The release date has not yet been specified.

Tuesday, October 11, 2011

BlackBerry Blackout Expands on its Third Day

Research in Motion suffered a third day of disruption to its BlackBerry service with outages and slowdowns expanding to the United States, Canada and corporate networks. RIM's CIO Robin Bienfait began posting regular updates on the crisis, stating that traffic is now moving through the network and that the company hope to restore normal service levels soon. No technical details on the cause of the disruption has been confirmed apart from a switch failure on Tuesday at a data center in the UK.

"You've depended on us for reliable, real-time communications, and right now we're letting you down. We are taking this very seriously and have people around the world working around the clock to address this situation. We believe we understand why this happened and we are working to restore normal service levels in all markets as quickly as we can." Robin Bienfait. Chief Information Officer, RIM

Monday, October 10, 2011

RIM Blames Second BlackBerry Outage on Switch Failure

Research in Motion suffered a second day of widespread outage and slow downs on its BlackBerry service across multiple carrier networks in Europe, the Middle East, Africa, India, Brazil, Chile and Argentina. In a tweet, the company blamed the problems on a core switch failure in its infrastructure.

Sunday, October 9, 2011

BlackBerry Suffers Outage Across Europe, Middle East & Africa

Research In Motion's BlackBerry service suffered a widespread outage affecting millions of users on multiple networks across Europe, the Middle East, India and Africa. News reports cited a problem originating at a data center in England. The service was gradually restored after several hours.

Monday, July 25, 2011

InterDigital Files 3G Patent Infringement Claims Against Nokia, Huawei, ZTE

InterDigital filed a complaint with the U.S. International Trade Commission (ITC) against Nokia, Huawei Technologies and FutureWei Technologies, and ZTE alleging that the companies have engaged in unfair trade practices. InterDigital is asserting patent infringement for certain 3G wireless devices, including WCDMA and cdma2000 mobile phones, USB sticks, mobile hotspots, tablets, and components. The action also extends to certain WCDMA and cdma2000 devices incorporating WiFi functionality. The company has also taken its complaint to the United States District Court for the District of Delaware alleging that these 3G wireless devices infringe these same seven InterDigital patents.

"Over the past thirty years, InterDigital has invested nearly one billion dollars in the development of advanced digital cellular technologies, creating important innovations, and helping to drive an industry creating billions of wireless connections," said Lawrence Shay, President of InterDigital's patent holding subsidiaries. "During that period, we have signed dozens of license agreements with manufacturers, giving them access to a patent portfolio of approximately 19,000 issued patents and patent applications – among the largest wireless portfolios in the world," continued Shay. "The vast majority of our agreements have been reached without the need for litigation. However, despite having engaged in good faith efforts to license our patents to Nokia, Huawei and ZTE, we have not been able to reach an acceptable resolution. As a result, to protect our intellectual property and the interests of our licensees, we made the decision to bring legal action against these parties."

  • Earlier this month, InterDigital confirmed that it is exploring and evaluating potential strategic alternatives for the company, which may include a sale or other transaction.

    “We continue to be optimistic about the prospects for the company under its current business plan,�? stated Terry Clontz, Chairman of InterDigital’s Board of Directors. “That said, over the past year we have seen the value of intellectual property rise substantially as major players in the mobile industry increasingly understand the strategic and economic value of this type of asset. As a result, the Board believes it is an appropriate time to explore potential strategic options that may enhance shareholder value.�?

  • On July 11, 2011, A consortium consisting of Apple, EMC, Ericsson, Microsoft, Research In Motion and Sony prevailed as the winning bidder for all of Nortel's remaining patents and patent applications. The winning bid was US$4.5 billion. The sale includes more than 6,000 patents and patent applications spanning wireless, wireless 4G, data networking, optical, voice, internet, service provider, semiconductors and other patents.

Sunday, July 24, 2011

Research In Motion Cuts 2,000 Jobs

Research In Motion Limited (RIM) announced a global workforce reduction across all functions by approximately 2,000 employees. Following the completion of the workforce reduction, RIM's global workforce is expected to be approximately 17,000 people. The company said it is reallocating resources to focus on areas that offer the highest growth opportunities.

The company also announced several management changes. Thorsten Heins is taking on the expanded role of COO, Product and Sales. All product engineering functions, including both hardware and software teams, are being consolidated under Thorsten's direction. Patrick Spence is taking on the role of Managing Director, Global Sales and Regional Marketing. Robin Bienfait is maintaining her responsibilities as CIO, including BlackBerry Operations, Customer Service and Corporate IT functions, and also taking on responsibility for the Enterprise Business Unit focused on delivering outstanding customer service and extending RIM's leadership in the enterprise sector. David Yach, in his role as CTO, Software, will focus on current and future software platforms, as well as the surrounding developer and application ecosystem. Jim Rowan is taking on the expanded role of COO, Operations and will continue to be responsible for manufacturing, global supply chain and repair services. A

Monday, February 14, 2011

RIM Announces LTE and HSPA+ for PlayBook Tablet

Research In Motion (RIM) plans to launch two additional BlackBerry 4G PlayBook tablets during the second half of 2011, featuring support for LTE and HSPA+.

RIM has now announced plans to offer four BlackBerry PlayBook tablets:

1. BlackBerry PlayBook with Wi-Fi

2. BlackBerry 4G PlayBook with Wi-Fi + WiMax

3. BlackBerry 4G PlayBook with Wi-Fi + LTE

4. BlackBerry 4G PlayBook with Wi-Fi + HSPA+

In addition to the Wi-Fi and 4G connectivity referenced above, each tablet can also support:

1. Bluetooth tethering

2. Mobile hotspots (ie. a MiFi, smartphone or other portable device equipped to act as a mobile Wi-Fi hotspot)

3. BlackBerry Bridge