Lenovo may be the world’s second-largest PC vendor, but it knows that it desperately needs to step up its game in the mobile world to stay relevant. Bloomberg reports that Lenovo CFO Wong Wai Ming told the World Economic Forum in Davos on Thursday that his company is looking at a variety of options to boost its mobile game, including buying BlackBerry manufacturer Research in Motion.
This video is a thank you to all developers supporting the BlackBerry platform. Your Developer Relations, Alliance and Developer Tools teams appreciate your enthusiasm and loyalty! We’re Going To Keep On Loving You. Shown at BlackBerry Jam Americas Sept 2012.
We are going to keep loving developers at Research In Motion, all the way to BlackBerry 10 and beyond. Watch our leadership team for developer relations bring back the band: Alec Saunders, VP Developer Relations & Ecosystem, Chris Smith, VP Application Platform & Tools, and Martyn Mallick, VP Global Alliances & Business.Thank you to those devs who are working hard, and for those jumping on board every day.
Stay updated at http://developer.blackberry.com and http://devblog.blackberry.com. Let’s Rock and Roll This!
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(vía Amazon)
Research in Motion has lost a number of senior-level executives in recent days amid a broad review of the company’s strategic options, The Wall Street Journal reported on Thursday.
This chart compares Apple and Research In Motion’s stocks over the last twelve months. It pretty much tells the tale of the two smartphone companies. One is ascendant, while the other is in free fall.
I saw from the inside and outside how RIM transformed the mobile landscape, and how the company even battled its own inner demons throughout the years. Here are my thoughts on the company’s worst quarter in five years:
RIM grew incredibly fast. It grew faster than the company knew how to manage, and RIM slowly — and then quickly — slipped as a result. This is the company that used to make users choose between a device with Wi-Fi and no GPS, or GPS and no Wi-Fi, just to have two products on the market instead of one. This is the company that refused to take the consumer market seriously for a number of years. This is the company that couldn’t see the future when it was right in front of them.
With expectations at an all-time low and analysts lowering estimates left and right, Research In Motion on Thursday reported its results for the fourth fiscal quarter of 2012. RIM posted a surprising beat in the third fiscal quarter when it managed earnings of $1.27 per share on $5.2 billion in sales. At the same time, however, the Waterloo, Ontario-based BlackBerry maker issued worse than expected fourth-quarter EPS guidance of between $0.80 and $0.95, and it said revenue would likely fall between $4.6 billion and $4.98 billion. RIM has now confirmed adjusted net income of $0.80 per share, on revenue of $4.2 billion, down sequentially from $5.2 billion despite the launch of multiple new BlackBerry 7 smartphone models.
It’s time for RIM to abandon BlackBerry 10 and adopt either Android or Windows Phone. It doesn’t matter that PlayBook 2.0 received some better-than-expected press coverage at CES last week, or that there have been some interesting hints here and there about what the first phones running RIM’s new mobile OS will look like. And while it’s bad enough that the first phones running BlackBerry 10 won’t ship until sometime around the end of the year, the real problem is that even if RIM started shipping phones tomorrow with an OS that could hold a candle to iOS, Android, and Windows Phone, it probably wouldn’t make much of a difference. RIM would still be in very serious trouble.
