'Struggling' BlackBerry maker Research in Motion to focus on business customers

   Mar 30, 12:45 pm

Washington, Mar 30(ANI): Struggling BlackBerry maker Research in Motion (RIM) has said it will cede most consumer markets and focus on business customers after its revenue fell by 25 percent.

RIM has been struggling after Americans switched from BlackBerrys to flashier touch-screen phones such as Apple's iPhone and models that run Google 's Android software.

The company also admitted in a conference call that "some BlackBerry models are not selling as well as anticipated".

Apple sold 37 million iPhones in the last three months of 2011which is more than what RIM shipped in the past three quarters. RIM shipped 11.1m BlackBerrys in the latest quarter, which ended March 3.

"We plan to refocus on the enterprise business and capitalize on our leading position in this segment. We believe that BlackBerry cannot succeed if we tried to be everybody's darling and all things to all people. Therefore, we plan to build on our strength," The Telegraph quoted chief executive Thorsten Heins, as saying.

A RIM statement said it has incurred a net loss in the latest quarter because of writedowns for the declining value of its brand and its PlayBook tablet inventory. (ANI)

Google CEO names Sundar Pichai as new head of products Oct 25, 2:16 pm
Washington, Oct 25 (ANI): Google CEO Larry Page has reportedly transferred leadership of all cores Google products over to Sundar Pichai, who was formerly head of Android and Chrome OS.
Full Story
21 countries including China, India sign MOU on Asian infrastructure development bank Oct 25, 2:16 pm
Washington, Oct 25 (ANI): Twenty-One Asian countries including India, China, and Pakistan have signed an inter-governmental memorandum of understanding on the Asia Infrastructure Investment Bank for regional development.
Full Story
Russian weed maker buys Ebola.com for 200,000 dollars Oct 25, 2:16 pm
Washington, Oct 25 (ANI): Businessman Jon Schultz has reportedly sold Ebola.com for a whopping amount of 200,000 dollars, which he bought for 13,500 dollars in 2008.
Full Story
Apple planning to integrate Beats Music with iTunes next year: Report Oct 25, 11:58 am
Washington, Oct 25 (ANI): The iPhone maker, Apple is reportedly planning to re-launch Beats Music and integrating it with iTunes next year.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY