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.
BlackBerry Ltd. is preparing for an increase in executive departures as retention bonuses expire and Chief Executive Officer Thorsten Heins sets tougher targets that put managers’ jobs on the line, according to a person familiar with the Canadian smartphone maker’s plans.
Google Inc.’s (GOOGL) latest addition to its mobile software arsenal, Google Fit which was announced in June at the Google I/O event, is now available to developers as a preview Software Development Kit (SDK) to start building apps. With “Fit” being launched later this year on the Google Play store, app developers will have ample time to cater to the needs of health savvy Android users.
According to a report posted Tuesday by CBC News, the ailing smartphone manufacturer BlackBerry Ltd (BBRY), which tried to sell itself to Chinese computer giant Lenovo last year, received a firm ‘no’ when it approached the Canadian government to find out if the takeover would be approved. Alleged interference of inter-company discussions by federal officials […]View the full post at: Blackberry (BBRY) Takeover Bid by Chinese Co.
BlackBerry Ltd. (NASDAQ:BBRY) may already have a huge target on its back as a potential acquisition in the eyes of tech giants such as Google Inc (NASDAQ:GOOGL) and Microsoft Corporation (NASDAQ:MSFT), amid rumors of a potential buyout of the company by Samsung Group (OTCMKTS:SSNLF).
TORONTO — Shares of BlackBerry (TSX:BB) have fallen below the $10 mark a day after the smartphone maker’s chief executive officer, Thorsten Heins, encouraged investors to remain patient while the company navigates its planned recovery.
The Waterloo, Ont.,-based company’s stock was down 4.2% to $9.77 on the TSX and 3.6% to US$9.29 in New York just after 12:30 p.m.
By Ashraf Eassa:Advanced Micro Devices (AMD) announced preliminary financial results on 10/11, noting that it would see a 10% sequential drop in revenues against the guided 1% drop, +/- 3%. Further, the company announced that its gross margins would be around 31%, rather than the previously guided 44%, due to both a $100M inventory write down, as well as lower than expected selling prices.