BlackBerry fans on Bell won’t have to wait long for a new Torch, Bold, or Curve. TechFIBE picked up some leaked documentation that suggests the carrier will sell the new phones — which we leaked in April — in just a few months. Specifically, Bell will launch the BlackBerry Torch 9810, BlackBerry Bold 9900, and the full-touchscreen BlackBerry Torch 9860 in late August, followed by the BlackBerry Curve 9360 launch in September. BGR reported this past May that the Monaco 9850 and Monza 9860 could launch under a new “Volt” banner or the BlackBerry Torch brand, and according to this document it looks like RIM may have gone with the latter. Bell also confirms what we already knew: that the Torch 9810, Bold 9900, and Torch 9860 will all offer 1.2GHz processors, while the Curve 9360 will be powered by a slower 800MHz chip. More →
Following first-quarter earnings that sent investors and the media into a tizzy, analyst coverage of RIM has been fairly monotone. The consensus? The company is doomed. Sure, there’s been an odd half-hearted vote of confidence here and there, but the majority of analyst coverage we’ve seen has been negative and investors are exiting en masse. In a 45-page report published last Tuesday, however, analysts at Macquarie Capital Markets paint a different picture of RIM’s business. Despite product delays and declining market share, the firm issued an Outperform rating and set a 12-month target on shares of RIM stock at $40. Read on to find out why. More →
Waterloo, Ontario-based Research In Motion has begun laying off workers according to a report from a local newspaper on Tuesday. The Waterloo Region Record reports RIM has already begun reducing its staff, though there is no word on how many employees have been let go at this point. Last week, RIM reported a weak first quarter and poor fiscal 2012 guidance that sent investors running for the door. RIM’s Co-CEOs also confirmed on an earnings call that the company would be reducing its workforce, though no time frame was provided, and that the launches of several upcoming BlackBerry devices have been delayed. Shares of RIM stock have fallen more than 25% since the company reported its earnings last week, and it is down more than 50% so far this year. More →
BlackBerry fans will just have to keep waiting for the company’s latest and greatest handset. We have confirmed with multiple sources that the BlackBerry Bold 9900 won’t be launching until September globally. While an announcement at BlackBerry World was inevitable, it still hurts to see RIM struggle to get devices out the door swiftly. RIM announced that the BlackBerry Bold 9900 would be available in the “summer” from carrier’s globally when the product was unveiled at BlackBerry World.
P.S. We have heard RIM might have one more major OS release in the cards, possibly BlackBerry OS 7.5, before the launch of QNX on smartphones.
RBC Capital Markets Managing Director Mike Abramsky believes RIM has sold approximately 250,000 BlackBerry PlayBook tablets to date. In a note to investors on Wednesday, the analyst points to channel checks in stating PlayBook sales have remained steady since the device’s launch on April 19th. If these estimates are accurate, RIM’s PlayBook is handily outselling the XOOM , Motorola’s flagship Honeycomb tablet, which sold 250,000 units in its first two months of availability. Abramsky believes RIM could move 500,000 units during RIM’s fiscal first quarter, though we would note that RIM’s current pace is way off RBC’s initial projections of 4 million units in 2011 and 6 million units total in the PlayBook’s first 12 months of availability. RBC later lowered its projections down to 3 million units in 2011 but at the current pace of 250,000 units per month, RIM is on track to sell just over 2 million units this year. Abramsky also notes that BlackBerry smartphone sales are slowing according to checks, and he now projects shipments to decline 9% from last quarter to 13.5 million units, which is in line with guidance. More →
During the BlackBerry World Keynote in Orlando this morning, Research In Motion announced that it is working with foursquare to include support for the social-network in an upcoming version of BlackBerry Messenger. Users will be able to share their location information as their BBM status, but RIM execs didn’t go into much detail on how check-ins will work or just how feature rich the implementation will be. The native foursquare client, for example, allows users to find nearby deals, compete with friends for check-in points, and more. RIM did not say when the client would make its debut, although we suspect it will be around the launch of its BlackBerry 7 powered Bold 9900, which will occur later this summer. More →
Research In Motion isn’t just a leaky faucet ahead of BlackBerry World this year, it’s a waterfall. We scooped RIM’s 2011 BlackBerry lineup back in January and more recently, we gave you a hands-on look at the BlackBerry Bold Touch, BlackBerry Touch and BlackBerry Torch 2 smartphones, but the leaks continue. In recent days we’ve seen full specs, brief hands-on videos and more, and for the two or three remaining naysayers who still don’t believe RIM is about to announce its next-generation smartphone lineup at BlackBerry World next month, RIM’s promo videos are now starting to leak out. Companies typically don’t put these promotional spots together unless the have some devices to, you know, promote — so BlackBerry fans should sit tight for another couple of weeks and we’re certain they’ll have some sleek new smartphones to swoon over. Hit the break for RIM’s official BlackBerry Bold 9900 and BlackBerry 9860 promo videos. More →