RIM’s results of the past three months are $239 million, as compared to the $695 million in the previous quarter or $797 million at the same time, last year. This has triggered worries among investors, sending its stock price plummeting by 22% on intraday lows last Friday (16th September 2011). In order to have a decent financial profit turnaround, RIM…
Tag: RIM
RIM profit warning sends RIM stock price to 52 weeks low | Technical Analysis | US Stock Market
Shares in Research In Motion Ltd (RIM) tumbled late Thursday 9th Jun 2011 after the BlackBerry maker posted fourth-quarter earnings in line with forecasts, but said costs to launch the PlayBook tablet would drive future profits lower in the near term. RIM said its gross margin, or the percentage of sales left after production costs, will be about 41.5 per…
New Blackberry Balance in Blackberry OS 7 & BES v5.0.3+ | RIM Software Review | IT Gadget
In May 2011, RIM announced its new BlackBerry Balance solution for keeping users’ work and personal data separate on a single BlackBerry smartphone. The solution essentially allows work-related data to be stored in such a manner that it is not accessible to apps the user might install for personal use, like Twitter or Facebook. The key features with the installation…