After a rough day yesterday, RIM’s stock opened 10 percent lower today, trading at $10.05 at the opening bell. The stock price briefly recovered but it’s on a steady downward trend as of the writing of this post. If this slide continues, the stock is set to hit a low not seen since 2003.
Trading of RIM shares was halted for 15 minutes yesterday in order to issue a what the company called a “business update“. CEO Thorsten Heins detailed RIM’s recent challenges, and also explained that the company is employing the help of Royal Bank of Canada and J.P. Morgan to evaluate financial strategies. The company also warned that it will report a loss for the fiscal quarter ending on June 2. This came on the heels of report that states RIM is set to lay off a major chunk of its workforce. → Read More
With the release of their BlackBerry 10 beta development tools and Dev Alpha devices earlier today, RIM has made it very clear that they want to build up as much developer love as possible before BlackBerry 10 officially launches.
Well, as it turns out, that’s not the only thing they’re doing to attract devs. Alec Saunders, RIM’s VP of Developer Relations, revealed at BlackBerry World that RIM will guarantee developers of quality apps a minimum of $10,000 in annual earnings — if developers come in under the $10K mark during their first year, RIM will actually pay them the difference. → Read More
As it stands, most of BlackBerry 10 is still shrouded in mystery. Not even the Dev Alpha devices that will be made available to developers offer a glimpse of RIM’s new software — they’re running a modified version of the PlayBook OS instead.
All that said, RIM hopes to whet our appetites with glimpses at some of the nifty little touches that BlackBerry 10 will sport when it sees a widespread launch later this year. TechCrunch went to Waterloo and met with Vivek Bhardwaj, RIM’s Head of Software Portfolio, who took a few moments to give us one such sneak peek — an early look at BlackBerry 10′s keyboard, still a work in progress. → Read More
RIM has caught plenty of flack these past few months, thanks to (among other things) a multi-day global outage, disappointing PlayBook sales, and a dramatic management shake-up. Beyond all of this, the news that their next-generation BlackBerry 10 operating system wouldn’t see the light of day until the latter parts of 2012 seemed like yet another nail in RIM’s coffin.
But the beleaguered company is trying to move past all of that at BlackBerry World. While we regular folk still have months to wait until the first BB10 products make it to store shelves, RIM has just officially opened up the BlackBerry 10 platform to developers at BlackBerry World, starting with the release of their BB10 beta development toolkits and the BlackBerry 10 Developer Alpha device.
→ Read More
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