Archive for March 29th, 2012

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Research In Motion’s Q4 earnings call

rim-logo

Research In Motion Limited (RIM) (NASDAQ:RIMM)(TSX:RIM), a world leader in the mobile communications market, today reported fourth quarter results for the three months and fiscal year ended March 3, 2012 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

Highlights:

  • $2.1 billion in cash, cash equivalents, short-term and long-term investments at the end of the quarter, which increased by approximately $610 million in the quarter
  • Cash flow from operations of approximately $1.1 billion, up from approximately $900 million in Q3
  • Revenue of $4.2 billion, down 19% from the third quarter
  • GAAP net loss in Q4 of $125 million or $0.24 per share diluted; adjusted net income of $418 million or $0.80 per share diluted
  • BlackBerry smartphone shipments of 11.1 million in Q4, down 21% from Q3
  • RIM to discontinue providing specific quantitative guidance
  • RIM provides update on organizational changes
Posted in: Press Releases
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Jim Balsillie resigns from Research in Motion

rim-logo

With just minutes to go until RIM’s Q4 earnings call starts some big and shocking news has hit the web.

Jim Balsillie, former Co-CEO of the Company, has resigned as a Director on the Company’s Board.
"As I complete my retirement from RIM, I’m grateful for this remarkable experience and for the opportunity to have worked with outstanding professionals who helped turn a Canadian idea into a global success," said Jim Balsillie.
"On behalf of the Board and everyone at RIM, I would like to thank Jim for his 20 years of service to RIM," said Barb Stymiest, Chair of RIM’s Board of Directors. "His energy, drive and enthusiasm helped build one of the most successful technology companies of our time."
In addition, David Yach will be retiring from his role as CTO, Software after 13 years with the Company and after 4 years with the company and following an open dialogue on the future of global operations, Jim Rowan, COO, Global Operations, has decided to pursue other interests. The Company is currently undertaking a search to hire a single COO with responsibilities to run the Company’s operations.
"RIM would like to thank David Yach and Jim Rowan for their years of service and many contributions to RIM," said Thorsten Heins, President and CEO. "We wish them well in their future pursuits."

More as we get it.

 

Posted by: James

Posted in: News
By March 29, 2012 Read More →

Gloucestershire Police Adopt The BlackBerry Solution

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We have reported a couple of times in the past about UK Police forces using the BlackBerry solution. It seems that Gloucestershire Constabulary have taken the plunge and adopted the BlackBerry in a bid to save costs and make officers more efficient out on the street.

Officers will use the phones to carry out paperwork and update logs, jobs previously carried out from the office. It comes after the force closed and put up for sale 13 of its stations in a bid to hack £18 million from its budget.

Katy Roberts, spokeswoman for Gloucestershire Police, said: “641 BlackBerry devices are being issued across the county to PCs and PCSOs working in our Local Policing Areas. The devices will give officers access to the majority of the systems used in their work, allowing them more time on patrol and less time travelling to or working within police stations. This is part of our drive to increase the number of officers working in high- visibility roles. It will also reduce bureaucracy and improve efficiency, thereby cutting overall policing costs.”

 

Posted in: News
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BlackBerry sparkles with the new limited crystal edition Bold 9900

Bold Sparkle

If you are a BlackBerry user and have a spare £2,499 in your pocket check this beauty out:

Get some sparkle this spring with the new limited edition BlackBerry Bold 9900 smartphone in white, complete with a striking case made from dazzling SWAROVSKI ELEMENTS and available exclusively from Harrods.

The bespoke new creations, featuring dozens of precious crystal elements, come complete with a limited edition BlackBerry walnut box as well as a VIP support package, providing those who purchase the device with personalised celebrity treatment for twelve months. Just twenty cases with each accompanying gift box individually numbered have been produced.  They are exculsively embellished with SWAROVSKI ELEMENTS, the premium brand for finest, loose cut crystals manufactured by Swarovski. The stunning devices are expected to cause a stir across the nation with BlackBerry fans already desperate to get their hands on the sought-after smartphone.

The popular white BlackBerry Bold 9900 smartphone which has already proved a hit with celebrities such as Pixie Lott and Fearne Cotton offers an impressively slim and stylish design and comes with the BlackBerry 7 operating system with enhanced communications, multimedia, productivity and social connectivity features. 

BlackBerry 7 boasts several exciting features including the next-generation BlackBerry browser which enables a flawless web browsing experience, the latest version of BBM, which now extends the real-time BBM experience to a range of other apps as well as a stunning high resolution display.

The BlackBerry Crystal collection made with SWAROVSKI ELEMENTS is available exclusively from Harrods at a retail price of £2,499.

 

Posted by: James

Posted in: Press Releases
By March 29, 2012 Read More →

Sony Xperia and Labrinth launch: A Night of Imagination

Labrinth - Album Packshot RGB (1)

Sony today announces the launch of Xperia, along with superstar Labrinth’s debut album Electronic Earth, at A Night of Imagination spectacle on 4th April.
The event will include an exclusive set from Labrinth, with unheard remixes and an awe-inspiring secret collaboration – a never-before-seen performance in the UK. The exclusive event will be held at the iconic London venue, One Mayfair.  The audience can expect to be astounded as the show unfolds, and they witness first-hand what happens when the imaginative world of Xperia  collides with one of Sony Music’s most talented and  creative new artists.

Labrinth commented: “I’m excited about performing new tracks and exclusive material at the Xperia event. We have planned some special moments throughout the night and we’re sure the audience will enjoy what is in store for them.”
Catherine Cherry, Marketing Director for the UK and Ireland at Sony Mobile Communications said: “Labrinth is one of the most inspired UK artists currently on the scene, and this unique collaboration is designed to show what Xperia and our Made of Imagination campaign is all about. We want to ignite people’s imagination and curiosity through entertainment experiences, whether that is in reality or through our products.”

Tickets to the exclusive A Night of Imagination and prizes signed by Labrinth can be won by visiting www.facebook.com/SonyMobileUK and www.twitter.com/SonyXperiaGB.

Launch Event Details:
.    Address:  One Mayfair, North Audley Street, London, W1K 6ZA                                                              
.    Date:  Wednesday 4th April 2012                                                                                                                         
.    Time:  Arrivals from 18:30pm – 23:00pm
.    Website:  www.facebook.com/SonyMobileUK

 

Posted by: James

Posted in: Press Releases
By March 29, 2012 Read More →

A Samsung store within a store at Phones 4U

phones4u

Samsung Mobile and Phones 4u have today announced the opening of a new Samsung branded store within a Phones 4u store, in the heart of Central London. The store, which is located at 112-114 Oxford Street, will officially open to the public tomorrow, Friday 30th March, and will feature the widest range of live Samsung handsets available for demonstration anywhere in the UK.

The mezzanine area and a large portion of the ground floor at the Oxford Street store will be dedicated to Samsung. Customers and fans of the brand will have the chance to try out and buy products from across the range of high end Samsung smartphones and tablets. Three play tables will be placed on the floor containing Samsung hero products such as the Galaxy Note and the Galaxy Tab series.

Within the Samsung dedicated area, demonstrations of product convergence will take place, as this becomes ever more important to customers who want their mobile phone to act as the remote control to their lives. The demonstrations will be run by a Phones 4u retail team extensively trained on, and passionate about, all Samsung products. 

Customers will have a chance to see future technology first-hand via a 32″ TV which will showcase Samsung’s AllShare technology, which allows the sharing of content wirelessly between devices including phones, tablets, TVs, and cameras. Three large bays on the walls will display Samsung’s entire range of contract handsets and prepay handsets – all of which will be live – and an extended range of accessories.  As well as showcasing the latest and most technologically advanced products, the store will be used as a venue for launches and celebrity personal appearances in the future.

Posted in: Press Releases
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