Research In Motion has published quarterly results for the first three months of its current financial year, which ended on 2nd June. It shipped 7.8 million BlackBerry smartphones and 260,000 BlackBerry PlayBook tablets in the quarter.
Revenue was $2.8 billion (£1.8 billion), down 33% from the previous quarter and down 43% from the same quarter in 2012. The company reported a net quarterly loss of $518 million.
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ABI Research says 90% of smartphone profits are claimed by the two companies
Figures from ABI Research show that smartphone shipments grew 41% year-on-year to 144.6 million during the first quarter of 2012. However, this market is now dominated by two companies: Samsung and Apple accounted for 55% of global smartphone shipments in Q1 2012 and over 90% of the market’s profits.
The report notes that Nokia’s smartphone shipments fell by 40% from the previous quarter, which means it could soon be overtaken by RIM despite BlackBerry shipments also declining sequentially.
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Don't expect a positive answer from the Oracle
Mark Bridge writes:
Here in the UK, we have a double Bank Holiday weekend to celebrate the Queen’s Diamond Jubilee. That means two days away from work for many of us (and also two days of unseasonably bad weather, according to tradition).
In fact, the three of us at The Fonecast are celebrating our own anniversary this month. It’s been six years since we started podcasting about the mobile phone industry. We’ll be revisiting some of those early programmes - and the biggest mobile news headlines from 2006 - in this week’s podcast on Wednesday.
Research In Motion has published a business update from CEO Thorsten Heins.
It warns that its quarterly results, due on 28th June, are likely to shown an operating loss due to the company’s ongoing transformation and the competitive business environment.
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IDC research shows growth after 9 months of decline
The mobile phone market in Western Europe has started growing again, according to new figures from the International Data Corporation.
Its European Quarterly Mobile Phone Tracker shows a 1.3% year-on-year increase in shipments to 44.8 million units following three consecutive quarters of decline.
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