In an interview with a German daily Die Welt, RIM CEO Thorsten Heins revealed that RIM might consider the sale of its hardware division post the group’s strategic review. The review could also lead to the sale of its software licenses among other options. (more…)Google+

After multiple delays, RIM has finally announced January 30 as the date when it will launch its next-gen BlackBerry 10 smartphone operating system. The company will hold multiple events across the world on January 30 where it will share more details of the operating system and device availability. BB10 was first supposed to launch in early 2012 after RIM acquired QNX platform to overhaul BlackBerry OS and make it competitive to Android and iOS. However, the software integration took much longer than expected,...

BlackBerry maker Research In Motion (RIM) is working towards launching its BlackBerry 10 (BB10) operating system early next year but there is more to it than what meets the eye. The Canadian smartphone vendor’s German CEO, Thorsten Heins is looking at developing not just an operating system but a platform that could power a car’s navigation, entertainment and gaming devices. However, RIM continues to have a challenge when it comes to having smartphones at multiple price points. (more…)Google...

There has been lot of chatter around Research In Motion (RIM) launching Android and iOS versions of its BlackBerry Messenger (BBM) in the past but it seems today all of them have been put to rest. Answering a question from a shareholder at the company’s annual general meeting with shareholders, CEO Thorsten Heins not only confirmed it is not sharing BBM but also mentioned it will get new features like video chat in BlackBerry 10 (BB10), RIM’s next generationoperating system that is expected to de...

At the annual shareholder meeting today, RIM CEO Thorsten Heins threw some more light over the company’s upcoming BlackBerry 10 (BB10) smartphones. RIM will launch a full-touch BB10 smartphone followed by one with a physical QWERTY keypad, a product segment in which RIM excels and continues to remain the market leader. However, Heins also mentioned that BlackBerry 7 (BB7) smartphones will continue to exist. (more…)Google+

RIM has just dropped a bomb, which was on expected lines, when CEO Thorsten Heins shared some of the challenges the company is currently facing and gave a sense of what to expect in the upcoming quarterly results. “The on-going competitive environment is impacting our business in the form of lower volumes and highly competitive pricing dynamics in the marketplace, and we expect our Q1 results to reflect this, and likely result in an operating loss for the quarter,” he said in a statement issued by...

BlackBerry maker, Research In Motion (RIM), could be staring down a $1 billion write-down in its upcoming quarterly earnings as inventory of its BlackBerry smartphones and PlayBook tablets continue to pile up, according to a Bloomberg report. This would be the third write-down in less than a year. RIM first took a $485 million write-down on unsold PlayBook stocks in the December quarter followed by writing off another $267 million in the March quarter for unsold BlackBerry 7 smartphones. (more…)Google+

RIM has been going through a rough time but the worst is yet to come. In January, its co-Founders and co-CEOs stepped down to make way for Thorsten Heins and last week its global head of sales Patrick Spence left the company after fourteen years. Ever since January, senior managers have been steadily leaving the company and now The Globe and Mail is reporting RIM is prepping to layoff as many as 2,000 employees as a part of a global restructuring plan, which will make the company leaner. The announcement is l...

As BlackBerry 10 Jam kicks off later today in Orlando, many are wondering what new stuff can be expected from the fledging Canadian smartphone manufacturer. Things have changed dramatically for RIM since BlackBerry World last year. The Co-CEO team of Mike Lazaridis and Jim Balsillie are not heading the company they founded anymore and Thorsten Heins has been tasked with the job of reviving RIM’s floundering fortunes. BlackBerry’s relevance as a prime time smartphone vendor has greatly diminished and i...

“Substantial change is what RIM needs,” said CEO Thorsten Heins while addressing shareholders and analysts to announce the BlackBerry manufacturer’s fiscal year 2012 earnings. RIM posted a loss of $125 million on a revenue of $4.2 billion (down 19 percent from Q3) and saw its smartphone sales dropping a whopping 21 percent from the preceding quarter to 11.1 million units. RIM also announced its former Co-CEO Jim Balsillie, CTO David Yach and COO Jim Rowan would be leaving the company. (more&...

The stepping down of RIM’s two co-CEOs, Jim Balsillie and Mark Lazaridis, did not come as a surprise to many. It was expected and in many ways even demanded by shareholders and analysts. However, what certainly came as a surprise was the choice of the outgoing co-CEOs successor, a relatively unknown insider and till now one of the co-COOs, Thorsten Heins. This is how RIM’s website introduces Heins:Thorsten Heins was named President and Chief Executive Officer at Research In Motion in January 2012....