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.
[Source]
It was a pretty good indication that Research in Motion has big plans for it’s BlackBerry Browser when it acquired Torch Mobile, makers of the WebKit based IRIS browser. It looks like the company is chugging away on their promise to have a BlackBerry Browser “on par with the iPhone“, by next summer and they are looking for a little help.
If you take a look over at LinkedIn, you can find a job posting for a WebKit Developer at Research in Motion.
We are currently looking for a talented and passionate individual to join a growing team within the BlackBerry Platform organization. Utilizing their expert knowledge in C++ programming, the successful candidate will be working in a fast-paced, dynamic development environment to develop a WebKit-based browser for the BlackBerry Platform.
You can check the full job posting out here.
[Via BlackBerry Cool]
Pretty much ever since the day that the first iPhone was announced we’ve seen blog posts, news and magazine articles, and television reports questioning whether the BlackBerry would be able to survive once the Apple machine got wheels rolling. I think it is safe to say that Research in Motion and the BlackBerry have fared pretty well and have even exceed expectations.
I, however, want to ask a question from the other side of things. Should Apple be concerned about RIM? With the onslaught of multiple new BlackBerry devices on pretty much every carrier of consequence over a relatively short period of time, I say that Apple should be…
One of the places that I check regularly to see whats going on at RIM is the RIM.com website. It isn’t unusual for RIM.com to go for several days and sometimes even for more than a week or so without any updates , however, it has been well over a month since the site has been updated.
RIM.com clearly isn’t shut down, but, it doesn’t appear to be being updated either. Whats the deal RIM?
I think this video may have popped up on CrackBerry.com first. Jim Balsillie has a good sense of humor…
According to a Financial Times article, Research in Motion is now the 6th largest mobile handset maker as measured by the total number of devices sold. That’s not too shabby when you think about how specialized the BlackBerry is and the fact that the overwhelming majority of mobile phone users buy their devices primarily to make phone calls.
Equally impressive, Apple made the top 10 list coming in at number 10 in the fourth quarter of 2007 with record breaking sales of the iPhone which made it’s debut the last day of Q2 2007.
