Views: 7TORONTO (AP) — Struggling BlackBerry maker Research In Motion Ltd. said Thursday it will delay the launch of new phones deemed critical to the company’s survival and revealed its business is crumbling faster than thought. The Canadian company posted results for its latest quarter that were worse than analysts had expected. It’s cutting 5,000 […]
Views: 2Things continue to look grim for the makers of the Blackberry platform. First, the company issued an “inventory write down” which means the company has more stock in their warehouses then it could sell during the first quarter of 2012. Now, the company has also issued a “Business Update Press Release” which appears below: […]
Views: 2“Patrick Spence, who quit this week as Research In Motion Ltd.’s global sales chief, was not the first senior executiveto leave the struggling BlackBerry maker this spring and he will not be the last, as the company prepares for thousands of additional layoffs,” Iain Marlow reports for The Globe and Mail Update. “A number of senior managers have departed RIM […]
Views: 4In a major blow to Research In Motion, one of the world’s largest energy companies, Halliburon, has decided to dump their long standing agreement with RIM in favor for going to Apple and its iOS devices. In an internal memo obtained by AppleInsider.com, the Houston Texas based firm said to its employees: “Over the […]
