RIM shares tumble as cellphone industry shifts

Release Date ‎Jun 2, 2011‎ in BusinessWeek

 
   

Analysts down on RIM: How do you like them Apples?

Globe and Mail - 3 Jun, 2011
These are stories Report on Business is following Friday, June 3. Get the top business stories through the day on BlackBerry or iPhone by bookmarking our mobile-friendly webpage. Research In Motion Ltd. RIM-T shares sank today, falling below $40 (US) ...

RIM: UBS Cuts Estimates, Trims Target To $45

Barron's (blog) - Tiernan Ray - 3 Jun, 2011
Not according to UBS analyst Amitabh Passi this morning. He reiterated a Neutral rating on the shares and lowered his price target to $45 from $60, writing that he has less confidence the company will produce “normalized earnings. ...

Analysts cut RIM price targets as competition intensifies

Reuters - Siddharth Cavale, Gopakumar Warrier - 3 Jun, 2011
(Reuters) - At least two brokerages cut price targets on Research In Motion as they expect rival Apple's iCloud service and concerns over its inability to tackle competition from iPhone and Google's Android-based smartphones to hurt the BlackBerry ...

RIM cheaper than ever, but still not worth a bet: UBS

Financial Post - 3 Jun, 2011
Cheap as RIM may be at this point, analysts Amitabh Passi and Phillip Huang with UBS Securities warn that it is “not time yet” for a value play, citing factors that could send the stock into the US$26 to US$29 range. “Lack of visibility on earnings ...

Nokia bloodied in smart phone dogfight

Globe and Mail - 3 Jun, 2011
Global demand for smart phones has never been stronger, but for some of the biggest handset makers times have rarely been tougher. Shares of Nokia Corp. NOK-N tumbled more than 18 per cent over two days this week after the world's largest maker of ...

RIM shares tumble as cellphone industry shifts

BusinessWeek - ‎Jun 2, 2011‎
Shares of Research in Motion Ltd., the BlackBerry smartphone maker, tumbled Wednesday following worrisome signs about the level of erosion that Apple Inc.'s iPhone and phones based on Google's Inc.'s Android operating system are having on other key ...

A working class Apple iPhone would disrupt Android, RIM, Nokia

ZDNet (blog) - Larry Dignan - ‎Jun 2, 2011‎
Apple may be plotting a low-cost iPhone"most likely the 3GS"in a move to tackle emerging markets, prepaid plans and midmarket customers. This working class iPhone would disrupt Android, RIM and Nokia. ...

Research in Motion: Another Nokia?

Wall Street Journal (blog) - ‎Jun 1, 2011‎
By Dave Kansas AP At first blush, the comparison seems a bit far-fetched. BlackBerry owners seldom are confused with Nokia owners. But upon closer inspection, the two companies have several nettlesome similarities. For starters, both stocks are getting ...

RIM Off 6%: More Nokia Tea Leaves

Barron's (blog) - Tiernan Ray - ‎Jun 1, 2011‎
Shares of Research in Motion (RIMM) are taking it on the chin this morning, down $2.60, or 6%, at $40.25, as analysts continue to ponder the implications for the company following Nokia's (NOK) reduced outlook yesterday. ...

Android users download the most data

CNET (blog) - Lance Whitney - ‎Jun 1, 2011‎
Users of Apple's iPhone typically do a bit more with their phones, but Android owners are grabbing the largest amount of data each month, according to a study released yesterday by Nielsen. Analzying almost 65000 cell phone bills in ...

Nokia fails to answer its consumers' calls

Belfast Telegraph - ‎Jun 1, 2011‎
Oh how fickle the consumer can be. A Nokia was once the be-all and end-all of mobile phones that any self-respecting executive wouldn't be seen without. Now the company's had to report a slump in sales and a gloomy outlook for the summer. ...

Android smartphones soar; Nokia, BlackBerry sink

Times of India - ‎May 31, 2011‎
NEW YORK/TORONTO: Google's Android devices have become most popular smart phones in the US, said a Nielsen survey, a day when Nokia shares tanked more than 15 per cent on weaker quarterly outlook. Nielsen said that its April survey of 65000 users ...

Google Android leads smartphone market share, data use, report says

Los Angeles Times - ‎May 31, 2011‎
Google's Android smartphones are top of the heap for popularity and data usage, according to a new report from Nielsen. In April, 37% of mobile consumers owned a smartphone, according to the study. Of those, 36% have an Android device, while 26% have ...

Study: Android Users Consume the Most Data

PC Magazine - Mark Hachman - ‎May 31, 2011‎
Android phones are the most popular among US consumers, Nielsen reported Tuesday. But they may be less popular among carriers, if the cost of data is concerned: Android users consume an average of 582 Mbytes per month, compared to 492 ...

Has Android's Lead over Apple Stopped Growing?

TIME - Chris Gayomali - ‎May 31, 2011‎
In Smartphone War Land, it appears that Android's lead over Apple's iOS has, at least for now, slowed down, as pointed out in some newly sliced-up Nielsen data from our friends at CNN money. ...

US Government Embraces Consumerization of IT

PCWorld - Tony Bradley - ‎May 31, 2011‎
The agencies of the United States government, under the guidance of CIO Vivek Kundra, are adapting to the consumerization of IT and letting users make their own technology decisions. Unfortunately for RIM, it seems that users ...

RIM: WashPo Describes Gov't Switch To iPads, GMail

Barron's (blog) - Tiernan Ray - ‎May 31, 2011‎
The Washington Post's Michael Rosenwald this morning pens an interesting piece about how the federal government, under CIO Vivek Kundra, is letting more and more government workers choose their own gadgets of choice, rather than impose ...

Apple, Android and BlackBerry in US smartphone stalemate

Telegraph.co.uk - Matt Warman - ‎May 31, 2011‎
New research from Nielsen suggests that Android's explosive growth may be plateauing in America as smartphone share stabilises. By Matt Warman, Consumer Technology Editor The rival operating systems for smartphones may finally be reaching a stalemate ...

Federal government loosens its grip on the BlackBerry

Washington Post - ‎May 30, 2011‎
Ricky Carioti/ WASHINGTON POST - ATF section chief Paul Vanderplow connects an iPad to a monitor and watches an arrest video at the ATF National Headquarters in Washington, DC. And the Department of Veterans Affairs is getting ready to allow its ...

Android Share Surges Again, Apple Gains A Bit, RIM Destroyed

Business Insider - 3 Jun, 2011
New data from comScore on the US smartphone market shows Android share is still surging, while Apple is just barely growing share. Research in Motion and Microsoft, on the other hand are being destroyed. Google's Android had 36.4% of the smartphone ...

Will RIM Announce PlayBook Sales with June 16th Q1 Financials?

BerryReview - Ronen Halevy - 3 Jun, 2011
We knew before that RIM was going to announce their first quarter fiscal 2012 results on June 16th but it really has me wondering what they will say. They stopped reporting subscriber growth as of last quarter but what ...

RIM To Announce First Quarter Fiscal 2012 Results On June 16 At 5PM ET

BlackBerry Rocks! - 3 Jun, 2011
RIM today announced they'll have a conference call on June 16, 2011 at 5PM ET to discuss their performance in Q1 2012. I'm sure this conference call will get a lot of attention because of some rumors that were previously published on a blog about the ...

Mobile Lowdown 6-3-11: RIM Loses To iPhone; Android Delay; HTC; iCloud; ATT

MocoNews - Ingrid Lunden - 3 Jun, 2011
A look at some of the big stories in mobile today: more details reported the iCloud service from Apple; (NSDQ: AAPL) AT&T (NYSE: T) talks up its 4G ambitions; Motorola (NYSE: MMI) chief admits its Atrix mistakes; HTC tries a new trick with its Sense UI ...

Research In Motion Limited To Report First Quarter Results of Fiscal 2012 ...

USA Market News - Kieth Wright - 3 Jun, 2011
Research In Motion Limited NASDAQ:RIMM yesterday announced that company plans to report results for the first quarter of fiscal 2012 on June 16, 2011 after the close of the market. Company will host a conference call and live webcast beginning at 5 pm ...

Google Android smartphones more popular than Apple iPhones: Survey

International Business Times - 3 Jun, 2011
Google's Android devices have become the most popular smartphones in the US, and are set to leave Apple iPhones way behind, a Nielsen survey revealed. According to the survey, 36 percent mobile customers in the United States now use an Android devices, ...

Android doubles mobile phone market share in seven months, research says

The Drum - Stephen Lepitak - 3 Jun, 2011
In the last seven months, Android has more than doubled its overall marketing share, new research has found. According to ICM Research, 1930 adults were asked between 27-30 May what their latest mobile phone handset was, with 13% responding that it was ...

RIM to Announce First Quarter Fiscal 2012 Results on June 16, 2011

Marketwire (press release) - 3 Jun, 2011
WATERLOO, ONTARIO--(Marketwire - June 2, 2011) - Research In Motion Limited (RIM) (NASDAQ:RIMM)(TSX:RIM) will be reporting results for the first quarter of fiscal 2012 on June 16, 2011 after the close of the market. A conference call and live webcast ...

Android Tops Market Share, Mobile Data Usage

BroadbandReports.com - Karl Bode - ‎Jun 2, 2011‎
According to new data from Nielsen, now controls 36% of the mobile OS market, followed by Apple's iOS (26%), RIM Blackberry OS (23%), and Windows Mobile (9%). ...

Android Leads in US Smartphone Market

3G.co.uk - Miles J Thomas - ‎Jun 2, 2011‎
New results from Nielsen's April survey of US mobile users shows that both smartphone sales and Android continue to grow in leaps and bounds. In fact Nielsen's latest survey confirms that 37 percent of ...

Android dominates smartphone market but consumes tons of data

BetaNews - Tim Conneally - ‎Jun 1, 2011‎
Market research company Nielsen has released its smartphone market share figures for the first quarter of 2011 which show that Android has risen to both the top of market share and data consumption. ...

 

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