Sep 20, 2010 News
Recently the Canadian mobile giant announced earnings and that a record 12 million BlackBerry smartphones were shipped in Q2 of the company’s fiscal 2011 .
Here are few Highlights:
- Revenue grew 31% over the same quarter last year to $4.62 billion
- Earnings per share in Q2 increased 76% to $1.46 over the Q2 last year
- BlackBerry smartphone shipments grew more than 45% over the same quarter last year to 12.1 million and RIM has shipped approximately 115 million BlackBerry smartphones to date
- BlackBerry subscriber account base grew approximately 56% over the prior year to over 50 million
“We expect a continuation of this momentum in the third quarter as we extend the rollout of new products including the BlackBerry Torch into additional markets and benefit from heavy promotional activities and increasing customer demand as we head into the holiday buying season,” said Jim Balsillie, the company’s co-CEO. RIM’s stock price rose slightly on new of the strong earnings report by 2% at time of publishing.
By the time we also hope new app developers join Blackberry application development and consider Blackberry as a viable platform for developing apps , with Blackberry shipping over 12 million devices shipping every year the smartphone market is getting really populated .
Sep 7, 2010 News
Now Research In Motion (RIM) has joined the race with a new energy… They are offering Blackberry Torch 9800 with little more than what usually they do.
It’s Through ColorWare. With this the user can easily develop a personalized outlook for the handset, that is the BlackBerry Torch 9800. It can personalize the handset even more than what various mobile applications do.
If you are not happy just with the new operating system BlackBerry 6 and the sliding design, the newly introduced color personalization might do it for you. It’s worth a mention, that the device has a unique QWERTY keyboard and a smooth touchscreen display.
“With enhanced features and a new design, the Blackberry Torch has everything you’ve been hoping for in a Smartphone. Now, ColorWare can help you customize it to fit your on-the-go lifestyle,” RIM has announced.
“Choose a subtle color scheme, one that’s sure to make you stand out, or any combination you can imagine. Once you decide, you have the option of sending in a Torch you already own for customization, or you can easily buy a new one directly from our website,” it keeps on continuing.
If you are interested in personalizing your Blackberry Torch 9800, please visitthe ColorWare design studio to try out different color combinations.
The customizations would cost you around $250 for a handset you already own, to up to a $1,050 for a personalized device which can be bought from RIM without any contract agreement.
Sep 7, 2010 News
For the last couple of months RIM is really down with the controversies, dip in share prices, down in business and all.
But we don’t think that it’s all black for BlackBerry!!! At least if you look at the BlackBerry Curve 8520, it has become a buzz in the world of telecommunication with its 2.46 inches TFT display, a comfortable QWERTY keyboard, a 2 mega pixel camera, a seamless internet access through HTML browser, some outstanding inbuilt games, a very strong battery back up of more than four hours through the latest Li-Ion 1150 battery etc.
The connectivity options available in this BlackBerry Curve 8520 are based on latest EDGE, WLAN, GPRS, and Bluetooth technology. And the best part is that it is available either as a SIM free mobile phone, or a Contract mobile phone. Not only that this model is also available as a SIM Only mobile phone that allows you to pay as per the usage.
There are also a number of free offerings and gifts which can be availed with this Smartphone. It is the one of the best innovations by RIM and has also gained the popularity among the BlackBerry developers.
Aug 24, 2010 News
What we have discussed a couple of weeks back has come true now!!!
The secured BlackBerry messaging system, identified as a security threat by several nations and security agencies, has been advantageous for several organizations in sending confidential business information.
Dave Spickard, the IT Director of Euronet, an international business group, has recently confirmed that the loss of the secured message service could mean several issues to their global business. Many organizations and social activists are actually bifurcated in their collective opinion about the information security and misuse of the technology.
No one can actually deny the need of information security at the same time a terror free life. It has really become a challenge for the RIM to poise the need of corporate and the security agencies.
The problem continues for RIM and BlackBerry as well. The recent controversy over the security flaw with the once most popular Smartphone of the world is becoming costlier now for the Candian giant, RIM. 3 days back, we have told you that the controversy can affect the business of BlackBerry further. We have been proved correct with more news from Egypt, Indonesia, and Algeria considering the security issues related to BlackBerry operations. Reuter has reported that the Govt. there are reviewing the safety of BlackBerry and if required they may follow UAE & Saudi Arabia in blocking BlackBerry in their countries.
We like to remind you that apart from the Middle East, BlackBerry tasted a bitter shock from the French Govt. and European Union Commission who have decided not to use BlackBerry any more as their official communication device on the same security ground. The list goes lengthy with Standard Chartered, the British MNC bank, who took a similar step to replace BlackBerry for iPhone.
Indian Govt. is already in a reviewing process of the security loop holes of the device. Though it is yet to be correctly estimated the potential loss RIM is going to face, if BlackBerry is banned in India, Egypt, Algeria & Indonesia, but no doubt that the controversy is taking a toll on BlackBerry’s market share.
Shares of RIM has seen a dip of 4.46% on the Toronto Stock Exchange where as NASDAQ in New York has recorded a fall of 3.85% for RIM shares. Similar trend has been observed in London stock exchange too.
This year has been proved to be quite costly for RIM. When the device was facing a difficult hurdle from Apple’s iPhone and Google’s Android, the Security controversy, adverse reports against BlackBerry OS 6.0 & BlackBerry Torch have made it more difficult.
Engadget, a major tech product review site, has reported BlackBerry Torch to score 6/10 in their analysis. Eric Savitz, Wall Street tech guru, has recently said, “the new Smartphone has a slow processor, a small screen, and is not a game changer.”
In a nutshell, BlackBerry has quickly slipped away from the most popular PDA to 3rd place. Now, what does the whole episode mean for investors and BlackBerry app developers? It’s uncertainty. And what does business & stock markets hate most? Again, it’s uncertainty. Though it’s difficult to say at this point whether it would become a struggle for existence for RIM in near future; the BlackBerry app development industry should keep a close watch on the situation.