For those of you that follow Research in Motions stock price, you know that it has been rough for the the Waterloo, Ontario based company over the passed 5 or 6 weeks. Back on September 23rd, RIM’s stock (RIMM) was up over $88 per share. Yesterday it closed at $57.61.
That being said, RIM’s board has approved a stock repurchase of common shares valuing up to $1.2 billion. That comes to about 21 million shares based on current market prices. RIM can commence with the repurchase starting next Monday, Nov. 9th.
I am not an investment professional, nor do I offer financial advice. I guarantee, however, this will be discussed heavily on CNBC today, so, you may want to tune in.
Research in Motion and Verizon Wireless officially announced the BlackBerry Curve 8530. The device will be available November 20th and will cost $99.99 after a $100 mail-in rebate with a 2-year activation. My guess is that the new BlackBerry Curve will pick up right where the old BlackBerry Curve left off and become a big seller for Verizon.
The big new feature in the BlackBerry Curve 8520 is most definitely the Wi-Fi and this device will be the first full QWERTY BlackBerry with Wi-Fi on Verizon’s network. For some strange reason RIM decided not to include a LED flash to go along with the digital camera, although it is only 2.0 mega pixels and probably really doesn’t matter that much.
The BlackBerry Curve 8530 is definitely geared towards consumers and will probably do very well with them because of the price and the success of it’s predecessor, the BlackBerry Curve 83xx, which happens to be the best selling BlackBerry device ever.
Check out a detailed list of BlackBerry Curve 8530 features after the jump:
Research in Motion and Rogers today announced the availability of the BlackBerry Curve 8520. It will cost you $99.99 on any three-year combined data and voice service plan of $45 or more per month. Today the BlackBerry Curve 8520 is available from Rogers in Black, however, it will be available in violet in the coming weeks.
NEW YORK (Reuters) – Vonage Holdings Corp plans to offer discounted international phone calls to iPhone and BlackBerry users, as the Internet telephony company aims to expand beyond the residential market.
Consumers could save more than 50 percent for calls to dozens of countries if they download a free Vonage application to Apple Inc iPhone and Research In Motion BlackBerry devices starting on Monday afternoon, Vonage Chief Executive Marc Lefar said.
“It’s an important first step for us. It moves us from the home platform,” Lefar told Reuters. “Over the long term mobile is absolutely a critical place for Vonage to be competing.”
Companies collaborate to bring full Flash Player to BlackBerry Smartphones
LOS ANGELES, CALIFORNIA–(Marketwire – Oct. 5, 2009) – At Adobe MAX, Adobe’s worldwide developer conference, Adobe Systems Incorporated (NASDAQ:ADBE) and Research In Motion (RIM) (NASDAQ:RIMM)(TSX:RIM) today announced they are working together to bring Adobe® Flash® Player support to the BlackBerry® platform. RIM is joining the Open Screen Project, a broad initiative dedicated to enabling standalone applications and richer Web browsing across mobile phones, televisions, desktops and other consumer electronic devices through the Adobe Flash Platform. The collaboration is expected to bring the full Flash Player browser runtime to BlackBerry smartphones.
When you think of Research in Motion, smart card reader is probably not the first thing to come to mind, however, it turns out the RIM actually has a pretty good bluetooth smart card reader for the BlackBerry and has today announced a new and improved model that will be smaller, lighter, and support stronger passwords.
Research in Motion posted first quarter results for fiscal year 2010 yesterday and, for only the second time in its history, the BlackBerry maker saw a decline in subscriber growth dropping to 3.8 million net new subscribers down from 3.9 million the previous quarter. The rest of RIMs numbers were pretty good and the BlackBerry actually saw on overall increase in its U.S. leading market share.
“We are starting fiscal 2010 with strong financial performance and impressive market share gains, including a 55% share of the U.S. smartphone market according to IDC’s latest estimate,” said Jim Balsillie, Co-CEO at RIM. “The industry leading BlackBerry product portfolio is driving strong customer demand around the world and our penetration of new market segments continues to expand. We are particularly excited about the strength of our product portfolio for fiscal 2010 and we are looking forward to driving continued growth and profitability in our business throughout the remainder of the year.”
Reasearch in Motion has officially introuduced the BlackBerry Tour Smartphone. The Tour is a World Edition BlackBerry the will be coming out on both Verizon and Sprint this summer.
Verizon Wireless and Research in Motion today announced that the BlackBerry Pearl Flip 8230 will be available on Verizon’s network starting Friday, June 19th. We figured that it wouldn’t be to long before some type of official announcement about the Pearl Flip would be made seeing how pictures of the device taken in Verizon stores started appearing on the web yesterday.
The BlackBerry Pearl Flip 8230 is the CDMA version of RIM’s first BlackBerry Flip Phone that first appeared on T-Mobile last year. Verizon will charge $129.99 with a 2-year activation plan after a $70 mail-in rebate.
Research in Motion posted 
