“Research In Motion’s stock is below $10 for the first time since December 2003,” The Associated Press reports. “Shares dropped 6 percent to $9.62,” AP reports. “The maker of the BlackBerry mobile device has steadily lost ground to Apple …
It's been a rough year for Research In Motion and it doesn't look like it's going to get easier anytime soon. For the first time in nine years, the company's stock this week fell below book value. BusinessWeek reports that, according to data …
The people have spoken, and Research in Motion's ballyhooed BlackBerry Torch smartphone is officially…not an instant hit. RIM ( RIMM) only sold 150,000 Torches during the first weekend after the phone's August 12 launch. By contrast, …
We've always heard that you can't take it to your grave, but one has to wonder why the former co-CEO of Research In Motion chose now to dump every last bit of remaining RIM stock. Jim Balsillie has liquidated his shares in RIM, leaving …
Not forgetting that RIM is the second best worldwide operating system. However as you can see by the graph, this is another handset stock that has taken a hammering, although with the launch of the long awaited Storm and more …
The new CEO of Research In Motion says he’s confident RIM will remain a key player in the smartphone race, even though the BlackBerry maker has made some mistakes. RIM announced late Sunday that its little-known chief operating …
The sixth-biggest investor in mobile device maker Research in Motion (RIM) told Bloomberg on Friday that it had sold more than half of its holdings in RIM due to market share loss. “We are on the way out,” Stephen Stephen Jarislowsky, …
BlackBerry 10 really is going to be the million-dollar question of early 2013. RIM has so much invested in its success, the company’s future very nearly rides entirely on the platform’s successful launch. While RIM has had plenty of nice …
Shares of BlackBerry maker Research in Motion Ltd. surged Tuesday amid speculation that billionaire investor Carl Icahn has taken a stake in the company. Icahn already is set to cash in an 11.4 percent stake worth more than $1.3 billion in …