Wednesday, December 4, 2024

RIM Delays New Phone Launch, Takes a Hit on Tablets

HomeTrends
Datamation Staff
By Datamation Staff

Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

Computerworld: More bad news for RIM: the Canadian mobile device manufacturer won’t release its new line of smartphones in the first quarter of next year. Instead, RIM has delayed launch until the “later part” of the year. In addition, the company reported just $265 million in net income for the most recent quarter, down from $911 million in 2010. Some of the loss was due to a $485 million inventory-related charge stemming from poor sales of its PlayBook tablet.

After the disappointing earnings report, RIM shares fell to their lowest level in nearly eight years.

Previous article
Microsoft Moves IE to ‘Silent Update’
Next article
Dealing with a Slacker Developer

Subscribe to Data Insider

Learn the latest news and best practices about data science, big data analytics, artificial intelligence, data security, and more.

Similar articles

Get the Free Newsletter!

Subscribe to Data Insider for top news, trends & analysis

Latest Articles

Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation’s focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.

Advertisers

Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.

Advertise with Us

Menu

Our Brands

Property of TechnologyAdvice.
© 2023 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.