Early on in the Third Quarter 2012 Earnings Call today, Jim Balsillie took the reins as we anxiously awaited news on the results. He prefaced the third quarter results by stating that both he and Mike Lazaridis will be lowering their salaries to just $1 per year. Woah. I guess this means they won't be stepping down anytime soon. A pretty amazing move by the CEOs here, but we'll have to...
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What was the BEST moment for RIM in 2011? What was the WORST moment for RIM in 2011? This past year was a bit of a rollercoaster for RIM. On the good side we started out 2011 on a high note as we first got a glimpse of the BlackBerry PlayBook and all it had to offer at CES. We moved through the year to the PlayBook release, then the BlackBerry Bold 9900/9930 announcement at...
After the market closes this afternoon, RIM will publish its financial results for Q3 of its Fiscal 2012 year. For non-financial types, remember RIM's fiscal year ends in February. It was only two weeks ago when RIM dropped its latest bomb. No, I'm not talking about the inventory write off. As I explained in my last article, the bigger issue is about the market demand for...
As the bell rang today shares of RIM closed at they lowest level since May 2004 at $15.08. Sad news for sure, but we'll be curious to find out more when we hear from RIM on their earnings call tomorrow afternoon. We'll be firing up the live blog for some discussion as both Mike Lazaridis and Jim Balsillie fill us in on the numbers and projections for RIM. It's no secret that RIM...
Research In Motion is holding a huge contest starting Monday to make the holiday season Berry merry for a ton of lucky winners. To enter, you must be a US or Canadian citizen, follow @BlackBerry on Twitter, and successfully answer BlackBerry related questions via tweets with the hashtag #BerryHoliday. Every 10th correct answer that follows the rules of entry will win a prize! And the...
Research In Motion is having another fan night, this one in New York City, and if you're interested in attending you can enter to win tickets and some awesome prizes. All you have to do to enter is download the free BlackBerry Avatar Builder from App World, and install the Ugly Sweater Expansion pack. Create your avatar complete with ugly sweater, and tweet it to @BlackBerry (make sure...
We've known since shortly after BlackBerry DevCon that BASIS International was after RIM for their BBX trademark use but now they've won a temporary restraining order against RIM, so that they may no longer use the BBX name. The full press release is below for you all./ Press Release US Federal Court Bars RIM (BlackBerry) from Using BASIS’ BBX Trademark ALBUQUERQUE, N.M.--(...
Should Jim Balsillie and Mike Lazaridis be replaced? RIM has no doubt had a rough year but it wasn't rough enough the 200 people polled to vote them as the worst tech CEO's of 2011. That dubious glory has been handed to Netflix CEO Reed Hastings after single handedly increasing subscription prices and irritating customers further by starting an initiative to split up Netflix'...
According to police investigators in Jakarta, Andrew Cobham, CEO of RIM Indonesia, is to be held responsible for the November 25th stampede that took place at the Bold 9790 release event. While Cobham has not been detained, police investigator Budi Irawan said "The suspect has been banned from travelling overseas. He must go through the legal process here." Suspects who also may be...