Entries in Financials (2)

Thursday
Mar282013

BlackBerry announces that it is back to profitability

The company that started the smartphone revolution in Canada is back in black. BlackBerry is making a profit again with a revenue of 2.7 billion for the previous quarter.  Hit jump for all the details.

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Thursday
Jun162011

RIM facing layoffs, expects lower profits as it sets to realign

By Gadjo Cardenas Sevilla

Research in Motion is going to need to innovate its way out of the corner. The BlackBerry maker held an earnings call today and said it expects lower profits and is looking at reducing headcount. During the same conference call, RIM confirmed it had shipped 500,000 units of its PlayBook tablet since the device launched in April, although it was not specified how many of these were actually sold to customers.

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