Lower-cost gadget, called the Q5, is the company’s third smartphone to run the new BlackBerry 10 system
‘This is going to take a couple of quarters to really see how they are doing’
He noted iPhone users have to go in and out of applications and the device doesn’t allow for multitasking like the new BlackBerry Z10 does.
The pioneering brand lost its cachet not long after Apple’s 2007 release of the iPhone, which reset consumers’ expectations for what a smartphone should do.
Investors worried about RIM’s future, had driven its stock to a nine-year low in September.
The problem is that no one has ever succeeded in turning around a failing smartphone maker.
RIM’s stock had been on a three-month rally in which the stock more than doubled from levels not previously seen since 2003.
Once coveted symbols of an always-connected lifestyle, BlackBerry phones have lost their luster to Apple’s iPhone and phones that run on Google’s Android software.
RIM announced the issues in postings on Facebook and Twitter on Friday, and later said it resolved the issue.
RIM reveals its business is crumbling faster than thought
RIM’s software is still focused on email, and is less user-friendly and agile than iPhone or Android.
The two companies the executives come from have had their own share of trouble competing in the wireless industry.
The once-iconic maker of the BlackBerry smartphone is facing its most difficult period in its history.
DC still chooses Blackberry - The Washington Post
The slow-moving federal bureaucracy is keeping the BlackBerry around
RIM intro's new CEO - BGR
The company took its first steps in a long climb toward regaining shareholder confidence and customer confidence.
‘A Samsung spokesman said the company is not interested in an outright purchase of Research In Motion’
A widespread outage also frustrated tens of millions of BlackBerry users in October
‘The name change is the latest in a string of bad news for the Canadian company’
RIM Is Facing Legal Action Just 3 Days After Announcing BBX (RIMM) - Business Insider
‘It’s only been 3 days since RIM announced the new BBX platform for its mobile devices and there’s already trouble’