RIM posted a 32% jump in quarterly earnings, but the BlackBerry maker warned of lower average prices for its devices in the current period. RIM said its new tablet would run Android apps. Shares fell about 8% in late trading.
RIM posted a 32% jump in quarterly earnings, but the BlackBerry maker issued a weak outlook for the current period. RIM said its new tablet would run Android apps. Shares fell about 10% in late trading.
Boy Genius is reporting that BlackBerry maker Research In Motion Ltd (RIMM) is “seriously considering a feature that will allow BlackBerry devices to run Android apps.” According to BGR, RIM is very much considering the Dalvik virtual machine.
Shares in Research In Motion (RIM) plunged in after-hours trading Thursday after the BlackBerry maker lowered its outlook and announced plans to cut jobs.Shares in the Waterloo, Ontario-based company tumbled 14.04 percent to $30.35 in electronic trading after the close of Wall Street.The Canadian handset maker posted a net profit of $695 million, or $1.33 per share, in the first quarter of its 2012 fiscal year, compared with $769 million, or $1.38 per share, a year ago.
BlackBerry maker Research In Motion posted a 59% jump in quarterly profit as it shipped more than 10 million of its devices. RIM shares surged in late trading. Rival Palm posted its 10th straight quarterly loss.