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Thursday, June 28, 2012

Research In Motion warns of job cuts and delays to BlackBerry 10 platform

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.

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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.

In addition to the financial figures, RIM says its BlackBerry 10 smartphone launch has been pushed back to early 2013 and said it’ll be reducing its workforce by approximately 5,000 employees.

Thorsten Heins, President and CEO of RIM, said “Our first quarter results reflect the market challenges I have outlined since my appointment as CEO at the end of January. I am not satisfied with these results and continue to work aggressively with all areas of the organization and the Board to implement meaningful changes to address the challenges, including a thoughtful realignment of resources and honing focus within the Company on areas that have the greatest opportunities.”

“Our top priority going forward is the successful launch of our first BlackBerry 10 device, which we now anticipate will occur in the first quarter of calendar 2013. In parallel with the roll out of BlackBerry 10, we are aggressively working with our advisors on our strategic review and are actively evaluating ways to better leverage our assets and build on our strengths, including our growing BlackBerry subscriber base of approximately 78 million, our large enterprise installed base, our unique network architecture and our industry leading security capabilities.”

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Opinion Articles

This week at The Fonecast: 5th March 2011

Mark Bridge writes:

It's hardly worth mentioning the new iPad, is it?  Not because I'm unimpressed – although I'd describe it as more of an upgrade than a brand-new product – but because everyone else has been talking about it so much. And we'll be doing some more talking in Wednesday's podcast, so let’s move on...

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There's nowhere to go with tablet innovation - even Apple seems to agree

Mark Bridge writes:

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Cell phones cause increased brain activity

Vidushi Sinha of voanews.com writes:

A new study finds that an hour-long cell phone call causes a spike in biochemical activity in the user's brain. The researchers can't say whether that's a good thing or a bad thing, but the finding has renewed the debate over cell phone safety and raised calls for more health studies.

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SK Telecom: m-health, mobile telematics, HD video calls and much more

Mark Bridge writes:

When I arrived at Mobile World Congress earlier this month, I said I wanted to see a bit of everything. Ground-breaking devices, advanced technology, network innovation... and some original applications as well. What I didn't realise was that I could find all of those in one place, on the SK Telecom stand.

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This week at The Fonecast: 26th February 2011

Mark Bridge writes:

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