Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 29 June 2012 10:42

RIM reports disastrous quarter, delays new phones

Written by Fudzilla staff



$518 million loss, 5,000 redundancies


Struggling smartphone maker RIM has announced dire quarterly results and plans to cut about thousands of jobs worldwide.

RIM reported a staggering $518 million loss in Q2. During the same period last year, the outfit was $695 million in the black. What’s more, RIM managed to ship just 7.8 million BlackBerry phones in Q2, down from 13.2 percent a year earlier.

The company will also delay the introduction of new phones based on the BlackBerry 10 OS, pushing them back to 2013. Hopefully RIM will still be around by then, as the company announced plans to cut as many as 5,000 jobs, or roughly a third of its workforce.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments