Posts tagged research in motion
BlackBerry, the phone maker formerly known as Research in Motion, has a lot riding on its newest smartphone, Z10. It’s the debut handset for the long-delayed BlackBerry 10, the operating system that the company hopes will mark the beginning of a turnaround after years of losing ground to Apple’s iOS and Google’s Android platforms. We take a thorough look at the camera capabilities of the Z10 in our review on connect.dpreview.com.
This has been a year of fundamental changes for BlackBerry; shifts in the company’s core, beginning with a change in name from Research in Motion to the far less cumbersome — and more familiar — BlackBerry. The change to BlackBerry also brought the introduction of BB 10, a more advanced and modern operating system that aims to put the smartphone pioneer on an equal footing with the likes of iOS and Android, OSes that have robbed it of a good deal of market share with BlackBerry’s efforts apparently focused elsewhere.
The Z10, the first handset to take advantage of the new operating system, has earned descent to good reviews, though reviewers and consumers alike seem intent on holding out for its counterpart, the Q10, which harnesses that core competency that has helped the company maintain so many loyal users: the QWERTY keyboard. And then there’s this, the BlackBtrry Water Game (pronounced, we assume, “BlackBattery”), a strange, typoed beast, which may mark yet another fundamental shift for the smartphone market as we know it.
Filed under: Blackberry
TORONTO (AP) — BlackBerry-maker Research In Motion will launch its new touchscreen smartphone in the U.S. with ATT on March 22. The release will come several weeks after RIM launched the much-delayed devices elsewhere.
ATT said Monday said the Z10 will be available for $199.99 with a two-year contract. Sales of the device began in the U.K. and Canada shortly after RIM unveiled the phone in late January.
RIM has said U.S. carriers needed more time to test the devices.
The redesigned BlackBerry is RIM’s attempt at a comeback after the pioneering brand lost its cachet not long after Apple’s 2007 release of the iPhone, which reset expectations for what a smartphone should do.
Shares jumped $1.32, or 10.1 percent, to $14.38 in midday trading on the Nasdaq.
Article source: Article Source
BlackBerry has Balance, and no more than a month after the company once known as Research in Motion debuted its first BB 10 handset, Samsung has a dual-workspace solution of its own: SAFE with Knox. Unlike SAFE, which stands for Samsung for Enterprise, Knox, which was named for the Army outpost where America stores much of its gold, was not crafted into an acronym (though we imagine marketers dedicated at least one meeting to the cause). It’s appropriately named, given the company’s plans to dominate the enterprise industry with what’s soon to be “the most comprehensive mobile security solution.”
So what will you find within the Fort Knox of the smartphone world? It’s an IT manager’s pipe dream, of sorts. A comprehensive collection of features that include Security Enhanced (SE) Android, secure boot, TrustZone-based Integrity Monitoring (TIMA) for protecting the kernel, Single Sign On (SSO) and that application container concept made famous by BlackBerry, just to name a few. Best of all, Knox will ship preinstalled on select devices, all sold as one SKU — in other words, consumers and enterprise customers alike will be taking home identical handsets, simplifying the process significantly for BYOD (Bring Your Own Device) businesses. We’ll explain in a bit more detail in our hands-on video after the break.
Gallery: Samsung SAFE with Knox hands-on
Gallery: Samsung SAFE with Knox hands-on
Jim Balsillie, the former co-CEO of Research in Motion (now known as BlackBerry), has been until recently the third-largest shareholder in the company with 5.1 percent ownership. According to Financial Post, however, he’s cut his stake in BlackBerry altogether, now reporting a grand total of zero shares. Balsillie stepped down as co-CEO in January and resigned from the board in March; this next big move away from the company will likely lead to speculation that his interest or faith in BlackBerry’s future is waning, though his successor certainly would beg to differ.
Source: Financial Post
Editors Note: The list of top tickers is derived from the quote pages that received the most views on Yahoo! Finance by examining data for the current week. It is not, however, a list of the most searched-for tickers on our site.
1. Apple (AAPL)
Apple continued to keep itself at the forefront of investors’ minds this week, announcing the introduction of an iPad with a whopping 128 gigabytes of memory. The beefed up model will go on sale next week with a price tag of $799. The company has already sold more than 120 million iPads.
Mutual funds, like many retail investors, have reduced the size of their holdings in the tech giant. Some fund managers were savvy enough to get out on the early side.
“Of the 321 funds that had more than 5 percent of their assets in Apple shares at the beginning of 2012, 53 of them – or slightly more than 16 percent – significantly cut back their weighting of the company before the plunge gained momentum, according to data from Morningstar,” Reuters reported.
Of course, there are plenty who are sticking by Apple. Brian White of Topeka Securities, told The Daily Ticker that while he’s tempered his bullish attitude, he believes Apple will decide to give more of its massive $135 billion cash pile back to shareholders, in the form of increased dividends and share buybacks. White thinks Apple will release a slew of new products over the next year: A new iPad, new iPhones, and, eventually, an Apple TV.
Shares managed to regain some ground this week, rising just over 3% for the week. Still, shares remain down around 17% for the year as of Friday’s close and down nearly 40% from a September peak of $705.07.
2. Facebook (FB)
Earnings for Facebook’s fourth quarter, released on Wednesday, showed its run up in share price has been warranted — at least somewhat. The company saw revenue for the quarter jump 40%, and crucial mobile advertising revenue doubled. Despite this, mobile advertising revenue came in below expectations and shares started to slide.
“Investors want to see evidence that CEO Mark Zuckerberg’s 8-year-old company is delivering on promises to develop a full-fledged mobile advertising business, a challenge facing many of today’s technology leaders including Google,” Reuters noted.
Henry Blodget summed up Facebook’s problems on The Daily Ticker:
Yesterday, after reporting good Q4 results, Facebook announced that expenses will grow much faster than revenue in 2013.
Facebook’s profit margin will drop.
As a result, Facebook’s earnings will grow at an even less-compelling rate this year than analysts were previously expecting them to grow.
The sentiment was echoed by our own Jeff Macke on Breakout.
“There’s nothing to get that excited about. It’s not a howling sell or buy. I think the volatility is more of a concern,” Macke said.
Shares opened below $30 on Thursday and finished out the week down 7%. Shares are up more than 10% for the year to date.
3. Research in Motion (RIMM)
Weeks of buzz and anticipation built up to the unveiling of the BlackBerry10 on Wednesday. It was almost universally accepted that the company’s future presentation would be a make or break moment.
“If this thing gets ignored or is seen as a nothing phone, what do you have… a few Playbooks? This thing has to work,” Eric Jackson, founder of Ironfire Capital, told Breakout.
Turns out, the company unveiled a new phone and a new corporate name, dropping Research in Motion in favor of Blackberry.
While the new phone has met with favorable reviews, many are wondering if it’s too late to make up so much lost ground.
“Five years and roughly 80% too late, Research in Motion has officially attempted to reemerge in the overcrowded smartphone business,” Macke noted. “At the same, the once dominant mobile device maker from Waterloo, Ontario has also decided to rebrand, adopting the ubiquitous name of its primary product, Blackberry, and will be listed under the ticker symbol “BBRY.”
“Is this the end of the beginning, or the beginning of the end,” quipped Dave Garrity, principal with GVA Research in the attached video. For him, the list of businesses which “successfully shrunk themselves to prosperity” is short, and thus, he has serious misgivings about Blackberry’s future.
Only time will tell how many of Blackberry’s 80 million existing users will migrate to the new BB10 platform and how many will defect, but it is safe to say expectations are very low. Wall Street analysts see the company posting losses for the next three years.
Shares had surged leading up to the event, tapping a 52-week high of $18.32 on January 24. But prices started slipping as the week began and dropped even more following the event. While shares are up more than 10% for the year as of Friday’s close, they had fallen 26% for the week to close at $13.02.
4. Amazon (AMZN)
Amazon frustrated the bears, again, after reporting a 22% rise in sales to $21.3 billion for the fourth quarter on Wednesday. While that was shy of analysts’ projections, it wasn’t enough to keep the stock down for long.
“To their considerable chagrin, the bears got their earnings miss but the stock didn’t do what it ‘should,’” said Macke. “After a brief drop, Amazon shares quickly roared to all-time highs after hours, a reversal of more than 10% in less than 10 minutes.”
Blodget agreed, noting that Amazon “has become so synonymous with ‘online shopping’ that many consumers now just start their searches at Amazon.com.”
Shares closed out the week down 6.4% at $265 and were up more than 3% for the year to date as of Friday’s close. The stock jumped 45% in 2012.
5. Ford (F)
Ford managed to top earnings estimates on Tuesday, but the company’s outlook on its European operations was cause for concern. The nation’s second-largest car maker lost more than $1.75 billion in Europe last year and expects those losses to grow this year.
Ford CFO: Expect Strength to Continue In N. AmericaCNBC’s Phil LeBeau reports Ford CFO Bob Bob Shanks says the company is seeing incredible strength in North America, and also expects 2013 to be the year Europe’s losses bottom out.
Still, the company’s North American business looks strong and there are signs that new avenues of growth are opening. According to Bloomberg, Ford expects sales of hybrid vehicles to surge, with sales topping 6,000 cars in January compared with just 1,209 a year ago.
Shares have been on a downward slide since Tuesday’s open, losing 4% for the week. Shares are down nearly 2% year to date.
Article source: Article Source
A new drinking game was invented this week by our editor Mark Hearn: every time you say “RIM” instead of “BlackBerry” you take a shot. As I don’t drink myself, I’ll take a pass on this particular pastime, but there were certainly plenty of opportunities to get tipsy this week, with the former Research in Motion finally rebranding itself as a corporate entity to BlackBerry. That was just one of the many announcements CEO Thorsten Heins made this week — and just one of the announcements I wish the company had made years ago.
January 30th has been circled on our calendars for quite some time. It’s the day that Research in Motion (now known as BlackBerry) officially pulled the curtains away from its next-gen BlackBerry OS — aka BB 10 — revealing all of its secrets to the world after no less than 15 months of development. Don’t underestimate the importance of this move; this is just the beginning of BlackBerry’s battle to remain relevant in the mobile industry. Now that BlackBerry 10 devices are ready to spend time in the public eye, what does our editorial staff think about the products — as well as BlackBerry’s future? Engadget voices off about BlackBerry 10 after the break.
One cannot overstate the importance of this phone. This, the BlackBerry Z10, is the device upon which the fate of BlackBerry (formerly Research in Motion) hangs. That’s not to say that the company will disappear if the Z10 — and the BlackBerry 10 OS that it contains — is not a mass-market success. But if this phone does not do its job of extending the reach of the ‘Berry OS beyond those die-hard loyalists who have clung on to their Bolds and Torches and Storms, it’s safe to say that BlackBerry is in for some very hard times.
The company hasn’t exactly bet the proverbial farm on this BB10 release, but with massive financial losses tempered only by job cuts, plus an absolutely tectonic shift among the executive leadership and corporate culture architected by CEO and President Thorsten Heins, the phrase “make or break” feels pretty apt. So, then, is this the phone that’s good enough to woo buyers away from the Galaxy S III or the iPhone 5 or any of the other delicious devices on the other platforms? The short answer is that no, as of now it isn’t quite — but of course it’s a lot more complicated than that. Join us as we explore.
Gallery: BlackBerry Z10 review
Gallery: BlackBerry Z10 review
You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours — all handpicked by the editors here at the site. Click on through the break, and enjoy.
Listen to much of the chatter about Research in Motion today…
Still waiting for a 128GB iPad? One could come sooner than you think…
It’s been such a mighty, mighty long time since the Vega No. 5 came out to tug on the Dell Streak 5′s coattails…
Mum’s still the word on the arrival of Samsung’s next Galaxy S device…