Research In Motion will sell at least 22 million BlackBerry 7 smartphones in fiscal 2012, accounting for a minimum of 40% of its unit sales according to RBC. In a note to investors on Wednesday, RBC Capital Markets MD Mike Abramsky said that RIM will launch seven new BlackBerry 7 devices this year, representing the …
Needham analyst Charlie Wolf issued estimates on Monday that put Apple’s iPad atop the mountain of forthcoming consumer tablets for a full decade. Wolf sees the tablet market climbing to 233 million units sold in 2020, and he thinks Apple will own 60% of the market at that point in time. Apple is on a …
Pasedena, California-based investment management firm Primecap Management Co. recently doubled its investment in BlackBerry vendor Research In Motion. According to a recent regulatory filing, Primecap now owns 26.4 million shares of RIM stock valued at about $577 million as of Monday’s close, and the stake represents approximately 5% of RIM’s total outstanding shares. According to …
Apple’s popular iPad line will still dominate the consumer tablet market a full decade after its initial launch, according to one analyst. In a new report, Needham analyst Charlie Wolf sees the iPad’s share of consumer tablet shipments declining gradually over the next nine years to 60% in 2020. 60%, of course, is still an overwhelming …
While Research In Motion just recently announced its new BlackBerry 7 device lineup — including the fantastic BlackBerry Bold 9900 — we all know that the real-deal smartphones are still in the oven. What everyone is waiting on from RIM is the company’s QNX-based devices, which we hope will make RIM competitive in the smartphone industry once again. …
UBS analyst Amitabh Passi on Wednesday cut his price target on shares of Research In Motion stock to $30 from a previous target of $41, and reiterated a Neutral rating. Passi stated in his note to investors that RIM is currently facing challenges in the “platform wars” underway between companies like Google, Apple and Microsoft. …
BGR has learned that Research In Motion’s head of BlackBerry software may have left the company. Suresh Periyalwar, Senior Vice President of Handheld Software, had been with RIM since April 2001 when he joined as Director of Software Development. He came to the company from Nortel, where he managed CDMA-related development for more than five …
Research In Motion on Thursday announced that its BlackBerry PlayBook tablet has become the first tablet device to be certified for use by the U.S. government. The company’s slate has received FIPS 140-2 certification according to RIM, and it is currently the only media tablet to have been awarded this certification from the National Institute …
In response to a report published by BGR earlier today, Research In Motion confirmed that it has no plans to discontinue its Wi-Fi BlackBerry PlayBook tablet in favor of newer models expected to launch this fall. RBC Capital Markets Managing Director Mike Abramsky cited an OTR Global report in a note to investors on Monday …
In a note to investors Monday afternoon, RBC Capital Markets Managing Director Mike Abramsky reiterated an OTR Global report that Research In Motion is possibly planning to stop production of the current Wi-Fi BlackBerry PlayBook model. The Wi-Fi version of the BlackBerry tablet is the only version Research In Motion sells for the time being. The reasons for the …
