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Phones Review (Free subscription) | 03/12/2008
Research in Motion (RIMM) the manufacturer of the much loved BlackBerry device cut its estimates of fiscal third-quarter earnings and sales. However Co-chief executive of RIMM Jim Balsillie said that the initial sales of the latest BlackBerry devices have been very positive. The latest BlackBerry’s are the BlackBerry Pearl, BlackBerry Bold and Curve, plus the [...]
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Moco News (Free subscription) | 03/12/2008
In a surprise announcement late Tuesday, Research In Motion lowered its profit and revenue outlook for the third quarter, with Co-Chief Executive Jim Balsillie placing the blame on "product launch timing, general economic conditions and foreign exchange volatility." The new numbers come in well below analyst forecasts. Instead of the midpoint of analyst expectations which Reuters reports ranged...
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Market Watch (Free subscription) | 03/12/2008
TEL AVIV (MarketWatch) -- Research in Motion Ltd., the Waterloo, Ontario, producer of the iconic BlackBerry mobile-communications system, cut its estimates of fiscal third-quarter earnings and sales. At the same time, "Initial sales of new products have been very positive," said Jim Balsillie, co-chief executive at RIMM. For the quarter ended Nov. 29, Research in Motion estimates net income...
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Globe and Mail (Free subscription) | 7 hours ago
... since La Presse in Montreal published comments last month from Ontario technology billionaire Jim Balsillie that suggested the team was up for grabs.The Montreal news media were also buzzing with rumours of a new deal yesterday — as it turns out, they were incorrectly attributed to a U.S. business magazine.Gillett initially declined to comment on the sale speculation when approached at the...
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CBC.ca (Free subscription) | yesterday
... never has been.A report last month in Montreal's La Presse newspaper quoted Canadian billionaire Jim Balsillie saying the Canadiens were for sale.But the co-CEO of Waterloo, Ont.-based Research in Motion Ltd., and Gillett quickly denied the story.In recent years, Balsillie has made attempts to buy the NHL's Nashville Predators and Pittsburgh Penguins amid speculation he would move...
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atHome Top Story (Free subscription) | yesterday
... their owners in bankruptcy protection, is the most likely team to move, with Canadian billionaire Jim Balsillie ready to buy a share of the team.
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Internet News (Free subscription) | yesterday
... valuations, the weak U.S. economy, lower shipments and missed product launch dates. Yet Co-CEO Jim Balsillie remains bullish on what the year's end will bring. RELATED ARTICLES For more stories on this topic: "Customer response to the new BlackBerry products launched this quarter has been exceptional and RIM has experienced particularly strong momentum in recent weeks," Balsillie...
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Information Week (Free subscription) | 03/12/2008
... and customers to make this attractive offer directly to Certicom shareholders now," RIM co-CEO Jim Balsillie said in a statement. The takeover bid will be acceptable 35 calendar days from the official offer, which will take place Dec. 12. The move comes after RIM unexpectedly announced Tuesday night it was its profit outlook for the third quarter because of a poor exchange rate and weak...
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Pocket-lint (Free subscription) | 03/12/2008
... foreign exchange volatility have tempered our results in the third quarter," co-chief executive Jim Balsillie said in a statement.
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Cnet (Free subscription) | 03/12/2008
"Initial sales of new products have been very positive and we believe we have the strongest smartphone portfolio in the industry by far, however product launch timing, general economic conditions and foreign exchange volatility have tempered our results in the third quarter," Jim Balsillie, Co-CEO at RIM, said in a statement. "We believe RIM is well positioned to capitalize on the increasing...
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Reuters UK (Free subscription) | 03/12/2008
"As we are unable to engage Certicom management in a meaningful dialogue to advance the terms of a potential transaction, we believe it is in the best interests of our respective shareholders, employees and customers to make this attractive offer directly to Certicom shareholders now," RIM co-Chief Executive Jim Balsillie said in a statement.
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Xtacash (Free subscription) | 03/12/2008
... exchange volatility have tempered our results in the third quarter,” said RIM co-chief executive Jim Balsillie, whose business is dubbed one of the “Four Horsemen of Tech” alongside Google, Apple and Amazon.Balsillie’s comments were in sharp contract with the more positive tone he took with RIM’s strong second quarter results in September. Analysts said the downbeat statement indicated...
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RIMarkable (Free subscription) | 03/12/2008
... expertise and business resources would increase the adoption of Certicom’s technology,” said Jim Balsillie, Co-CEO of RIM. “We believe our proposed offer is fair, reflects the full value of Certicom and takes into account the growth prospects and potential synergies made possible by this transaction. As we are unable to engage Certicom management in a meaningful dialogue to advance the terms...
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PC Mag (Free subscription) | 03/12/2008
... foreign exchange volatility have tempered our results in the third quarter," Co-Chief Executive Jim Balsillie said in a statement.It was a sharp contrast to the bullish tone he had taken just two months ago when the company reported strong second-quarter results in late-September.Research in Motion was widely considered one of the leading stocks of the last tech investment cycle along with...
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Publish.com (Free subscription) | 03/12/2008
... foreign exchange volatility have tempered our results in the third quarter," Co-Chief Executive Jim Balsillie said in a statement.It was a sharp contrast to the bullish tone he took just two months ago when the company reported strong second-quarter results in late-September.Research in Motion was widely considered one of the leading stocks of the last tech investment cycle along with Apple...
