Tag archive: Jim Balsillie

It's been a bumpy week for RIM. On Sunday, the Canadian smartphone maker's co-CEOs tried their best to quietly resign and hand over the CEO position to their former Chief Operating Officer, Thorsten Heins. For months, investors and journalists have been calling for Research in Motion's co-CEOs, Jim Balsillie and Mike Lazaridis — who have each taken turns running the company since it was founded in 1991 — to step… Read More

A new report in the Financial Post claims that Canada's Research in Motion is getting ready to shuffle its corporate structure, potentially stripping its co-CEO's of their de-facto roles as chairmen of the company board and installing an independent director as chair. And the leading candidate appears to be Barbara Stymiest, a current independent director on RIM's board. Stymiest recently retired as chief operating officer and… Read More

Everything seems to be going badly for Research In Motion. To kick off the season of suckitude, the company on Thursday reported its first quarter earnings – $4.9 billion in revenue and $695 million in profit. That may not sound bad. But it's actually worse than even the already-lowered analyst forecasts for the company. RIM says that it expects the downward spiral to continue into the second quarter, which will result in even worse… Read More

At the Web 2.0 Summit, one of Research in Motion's CEOs (it has two) said that he doesn't think apps are necessary or useful, and challenged the closed way Apple runs its App Store, reports the AFP. “You don't need an app for the Web,” said Jim Balsillie, co-CEO. “We believe that you can bring the mobile to the web. You don’t need to go through some kind of control point. That’s the core part of our… Read More

RIM, the makers of the BlackBerry smartphone, has announced a massive increase in revenue for the fist fiscal quarter of 2009. At $2.24 billon, it was up from $1.08 billion from the same quarter last year, ZDNet reports. During the quarter the company shipped 5.4 million handsets, a healthy increase from the four million of the previous quarter. BlackBerry added 2.3 million subscribers in the first quarter of this year, bringing their… Read More

Canada's Research in Motion (RIM), makers of the popular BlackBerry mobile email and smartphone devices, is the latest company to be bruised by investigations into the granting of stock options and the impact of those options on corporate financial statements. In an announcement today, RIM says it will restate its financials going as far back as its 2004 fiscal year to correct reporting errors in the way stock option grants were… Read More

In its report for its 2006 fiscal year, Canada's Research in Motion reports that the company earned more than $2 billion in revenue during the fiscal year, and, despite uncertainties surrounding the company's bitter, long-running battle with patent holding company NTP, the subscriber base for the company's signature BlackBerry wireless service grew to over 5 million. “Our strong market position together with our… Read More

Yahoo! and Research in Motion today expanded their relationship in a bid to bring more of the online portal's services to users of RIM's BlackBerry devices. This expanded relationship covers four areas: Yahoo! Go for Mobile, Yahoo! Search, Yahoo! Mail and Yahoo! Messenger. Under the terms of the updated relationship, the two companies said, Yahoo! and RIM are working together to bring Yahoo! Go for Mobile to the BlackBerry… Read More

Palm, Inc. and Canada's Research In Motion have announced they're working to put BlackBerry Connect software on palm's Treo 650 smartphone, and hope to have the combined product available to consumers in early 2006. “Treo 650 has earned accolades as the best fully featured smartphone available, and we're thrilled to make it even better by answering customer requests and offering RIM's BlackBerry email… Read More

Research In Motion (RIM) today introduced a new licensing program that allows other device manufacturers to incorporate BlackBerry software applications in addition to supporting BlackBerrywireless services. Through the BlackBerry Built-In licensing program, mobile device manufacturers can incorporate various BlackBerry applications into their own phones or handheld devices includingBlackBerry Email, BlackBerry Calendar and BlackBerry… Read More