By Matt Burns
Research In Motion (RIMM), maker of the once ubiquitous BlackBerry, just released its 2Q 2012 earnings. They're not good. XXXX This is the first set of financial data under the new CEO, Thorsten Heins. Even though there are black clouds looming over Waterloo, as my headline states, it's time to believe in RIM again. The conditions are right for a rebirth.
Research In Motion Chief Executive Thorstein Heins said Waterloo, Ontario smartphone vendor is in the process of hiring a Chief Marketing Officer, a day after the smartphone vendor admitted it had hired a busload of protesters to picket with signs saying 'wake up,' to picket an Australian Apple store. "We need to improve our marketing, ...
Apple, in a move hailed by a group of US senators, has agreed not to allow any new iPhone applications in the App Store that identify police drunk-driving checkpoints.Senators Harry Reid, Charles Schumer, Frank Lautenberg and Tom Udall urged Apple, Blackberry maker Research In Motion and Google in March to ban smartphone applications that could help intoxicated drivers avoid police.The Canada-based RIM immediately complied but Apple and Google initially refused.
Shares in Canada's Research In Motion fell on Thursday as the BlackBerry maker's new tablet computer, the PlayBook, received desultory initial reviews.The Waterloo, Ontario-based RIM saw its share price shed 1.66 percent on Wall Street to $53.92 in a market that finished slightly higher overall.The PlayBook, which is to hit store shelves on Tuesday, is RIM's answer to Apple's hot-selling iPad and its first foray outside the mobile phone realm.