InfoAnda - BlackBerry delay darkens RIM's future |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

US more optimistic about climate deal after talks | 29 April 2009
Tahrir Square crowd furious at Mubarak speech | 11 February 2011
Stolen Degas painting resurfaces at Sotheby's auction | 4 November 2010

Vivian Chow's boyfriend caught kissing hot chick | 9 December 2008

Forum Views () Forum Replies ()

Read more with google mobile : BlackBerry delay darkens RIM's future |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Politics Politics Home Elections 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Theater Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Gregg Easterbrook Nader Mousavizadeh James Saft Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Money Money Home Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Life & Culture Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Article Comments (0) Video VIDEO The "Flyboard" dives like a dolphin If you happen to have a spare $100,000 and can't decide what to buy your water-loving spouse for Christmas, you might want to look at the "Flyboard" jet pack, the latest in water-sport technology. Video Angry Birds maker eyes IPO Zynga's Mark Pincus Luluvise launches ladies-only networking Cat litter - the latest weapon in crime fighting Follow Reuters Facebook Twitter RSS YouTube Read Senate passes payroll tax cut and spending bill 4:38pm EST Rapper shot to death in Atlanta 4:15pm EST South Carolina has first human rabies case in 50 years 16 Dec 2011 Special report: the billionaire from Brazil | 9:11am EST Time short for S&P to end 2011 higher 12:00pm EST Discussed 249 Ron Paul gains ground, further stirring Republicans 135 Insight: The day Europe lost patience with Britain 126 Ron Paul strongly defends anti-war policies Watched Philippines counts storm dead 3:13am EST 'Barefoot Bandit' brought to book Fri, Dec 16 2011 Dozens die in Philippines storm 2:10am EST BlackBerry delay darkens RIM's future Tweet Share this Email Print Related News Instant view: RIM profit drops 27 percent; shipments seen down Thu, Dec 15 2011 Analysis & Opinion Tech wrap: Is RIM circling the drain? Tech wrap: RIM under fire ahead of results Related Topics Tech » Media » iPad » Related Video RIM retrospective: the BlackBerry maker's tumultuous year Fri, Dec 16 2011 Research In Motion needs new management: analyst What would you do without your BlackBerry? A person uses the new Blackberry Bold 9900 at a release party to promote the BlackBerry OS 7 devices in Toronto August 3, 2011. Credit: Reuters/Mark Blinch By Euan Rocha TORONTO | Fri Dec 16, 2011 8:50pm EST TORONTO (Reuters) - A months-long delay in Research in Motion's new BlackBerrys and a dreary quarterly report sent RIM shares tumbling again on Friday and pushed some analysts to sound the death knell for the mobile device that once defined the industry. RIM's announcement late Thursday that it expected to launch smartphones powered by its new QNX operating system months after initially expected revived calls for the ouster of RIM's co-CEOs Mike Lazaridis and Jim Balsillie. The delay, combined with a dismal performance outlook issued along with the quarterly results, sparked renewed chatter about the break-up of the Canadian tech giant, which has floundered as nimbler competitors claw away at its market share. "RIM confirmed the BlackBerry 10 smartphones will be delayed until the latter part of calendar 2012. This could be game over for the BlackBerry franchise," analysts at Canadian brokerage National Bank Financial wrote in a note to clients. BlackBerry 10 is the name the company has given to the QNX phones, which RIM had initially expected to deliver in the first quarter. On Friday, the delay spurred several brokerage firms to cut their price targets and ratings on RIM shares and sent the Waterloo, Ontario-based company's shares tumbling more than 12 percent on Friday. "We see a high risk that this is too late to turn around RIM's position and believe the risk of further delays is meaningful," Nomura analyst Stuart Jeffrey said in a research note. "Even in the best case, however, it seems unlikely RIM will have large volumes of its BB10 devices on sale within 15 months." RIM has been counting on the new QNX operating system to make up ground lost to Apple Inc's iPhone and iPad and the slew of devices that use Google Inc's Android software. The delay portends another long year of transition for RIM, allowing rivals to make further in-roads into RIM's market share. RIM on Thursday also provided a gloomy outlook for earning as sales of an interim line of legacy BlackBerry 7 smartphones lag during the crucial holiday season. Even if shipments hit the high-end of RIM's expectations during Christmas, the company will still post the first annual decline in its history. The constant stream of bad news from RIM over the last year has driven its shares to their lowest since early 2004, and it has led to analyst and investor demands for Balsillie and Lazaridis to step down. "RIM reminds me of a beloved grandparent. You love them, but they are very outdated and sooner or later they will be gone," said independent analyst Jeff Kagan in an email. "Either the existing CEOs must update their thinking or bring in a new CEO to lead the company out of the darkness and back into the sunshine before it is too late." PRICE TARGET CUTS Canaccord Genuity cut its price target on RIM's U.S.-listed shares to $15 from $18, citing the delay in the launch of BlackBerry 10 and the company's plans to spend more on sales and marketing to help sustain interim sales. Barclays shared similar concerns about the company's projected investments in marketing and loyalty programs to regain "mind" share. "Benefits of the investments are not guaranteed but are likely to keep RIM's operating margins at sustainably lower levels through 2012 and 2013," Barclays said. Barclay's cut it price target on RIM's U.S.-listed shares to $14 from $16; Citigroup reduced it price target to $12 from $15, and National Bank Financial dropped its price target to $8 from $10. Research in Motion shares, which have lost almost half their value in the last three months, fell 11.2 percent to $13.44 Friday afternoon on the Nasdaq. The Toronto-listed shares fell 12.1 percent to C$13.89. (Reporting By Euan Rocha in Toronto and Ashutosh Pandey in Bangalore; Editing by Frank McGurty) Tech Media iPad Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Sunday, 18 December 2011
Boat sinks off Indonesia, hundreds missing |
Typhoon kills more than 436 in southern Philippines |
Boat sinks off Indonesia, hundreds missing |
Troops beat Cairo protesters, clashes kill 10 |
Arabs may take Syria peace plan to United Nations |
Warring Yemen forces quit Sanaa, 2 troops die in south |
NATO closes up training mission in Iraq |
Nigeria seizes bomb factory after Islamist attacks |
Kazakh leader orders curfew after oil city riots |
Cradle of Arab Spring celebrates first anniversary |
France Sarkozy's popularity remains stable: poll |
Analysis: Could RIM's survival mean abandoning the BlackBerry? |
Americans losing addiction to CrackBerrys |
BlackBerry delay darkens RIM's future |
Zynga falters in debut, sheds doubt on IPO market |
Silver Lake, Microsoft working on new Yahoo stake offer: source |
Exclusive: Google CEO's inner circle: Meet the L Team |
Olympus tells lenders cash crunch looms: report |
ITC to review a ruling on HTC patent suit vs Apple |
Galaxy and iPhone to top smartphone holiday sales |
Europeans lukewarm on Nokia Windows phone: survey |
Taylor's National Velvet script sells for $170,500 |
Britney Spears engaged to boyfriend |
Christian Bale roughed up in bid to visit Chinese activist |
Singer Etta James terminally ill |
Bruised X Factor limps toward finals |
Basketball star Kobe Bryant, wife file for divorce |
Beach Boys reuniting for new album, tour in 2012 |
Who's Still Standing? Israel puts mark on U.S. TV |
Kate Winslet finds delight in Carnage |
Football underdog Rudy sacked for stock fraud |
Last U.S. troops leave Iraq, ending war |
Russian drilling rig sinks off Sakhalin, 51 missing |
Hundreds of migrants missing off Indonesia as boat sinks |
Philippines searches for missing after typhoon kills hundreds |
Troops, protesters clash in Cairo for third day |
Insight: Testing the limits of freedom in new Burma |
Israel due to free 550 Palestinians in Shalit swap |
Australia to probe 31-year mystery of baby's death again |
Vaclav Havel, leader of Velvet Revolution, dies |
Qatar has information Syria will sign peace deal: TV |
Yemeni general backs peace deal, 10 militants killed |
Islamists protest in support of Pakistan army |
Peru's Humala slips in poll after mining conflicts |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01