Research in Motion (RIM), maker of BlackBerry, recorded in the first nine months of fiscal losses amounting to 744 million dollars (572 million euros), compared with net profit of 1,289 million (991 million) from the same period last year, the company said.
The turnover of the Canadian multinational stood at 8.396 million dollars (6,458 million euros), 41% below the corresponding figure for the first nine months of its fiscal year preceding. In its fiscal third quarter, RIM reported net income of $ 9 million (7 million euros), 96.6% less than the same period last fiscal year, while its sales decreased by 47.2%, to 2.727 million dollars (2,097 million euros).
Looking ahead, the Canadian company expected to continue the pressure on its operating results in anticipation of the launch of the platform 'BlackBerry 10' in its fiscal fourth quarter. In this regard, believes RIM shares continue using the handset prices 'BlackBerry 7' and their rates in some services. "The launch of 'BlackBerry 10' on January 30, 2013 may cause some customers to postpone their purchases and wait for the 'BlackBerry 10', which will affect the volume of sales, subscribers, margins and commissions," said the company.
RIM shares fall 10% by a decrease in the number of subscribers Research In Motion said yesterday it plans to change the way it charges for its BlackBerry services, after posting that its subscriber base has fallen for the first time in its history. As a result of both news, shares in the U.S. fell 10 percent after the close of the session.
Previously, the shares were up 8 percent to $ 15.25 (11.52 euros) in after-hours trading, after the smartphone maker adjusted publish a quarterly loss smaller than expected. It also said it had increased its cash cushion before the release next month of the expected BB10. But sentiment turned negative during a conference call with analysts.
The CEO Thorsten Heins said the company would offer more flexible pricing for their services, once valued for its safety features, but faced increasing competition from rivals. Analysts on the conference call expressed concern that the change could reduce the revenue stream of profitable services RIM, and the company's shares traded in the U.S. fell nearly 10 percent to $ 12.74 (9.62 euros) at 18.20 New York time.
One reason stocks rose initially because RIM managed to increase its cash cushion to 2,900 million dollars (2,191 million euros) in the quarter, from $ 2,300 million (1,737 million) in the previous period. That's important, because RIM will need the funds to manufacture and effectively promote the BlackBerry 10 in a saturated market. The company depends on the new line to regain lost market share in recent years to rivals like Apple's iPhone and a number of models that run on Google's Android operating system.
Moreover, the mobile phone maker Nokia has reached an agreement with Canada's Research In Motion (RIM) to withdraw all pending lawsuits and to terminate the litigation between the two parties in the U.S., Canada and UK
Samsung Electronics has unveiled on its official blog that will be your next device, the Galaxy Grand. A "smartphone" with a 5-inch screen, almost the same size as the Galaxy Note II which has 5.5 inches. Thus, the company confirms its commitment to a form of "smartphone" with above-average screen.
The most outstanding of this finish is its large display so the Galaxy Grand would become part of the family of hybrid between tablet and smartphone powered by Samsung with its Galaxy Note.
The new device will feature Android 4.1.2-Jelly Bean, the latest operating system from Google. Despite its large screen that aims to provide an experience of expansive vision and clear, the phone is slim, ergonomic and easy to hold, as Samsung has commented.
In addition, the user can enjoy the option of multitasking, running multiple applications simultaneously without switching screens thanks to the multi-window, and other terminals available in the company.
As for features, the device has a 1.2 GHz processor dual core, which according to Samsung permitted without problems, the option multitasking, faster web browsing, faster screen transitions and better graphics for games and apps .
The Grand Galaxy chamber includes a backlit sensor that seeks to ensure greater clarity in the photographs in low light and video recording in Full HD. Newest Samsung brings also intuitive features that aim to make the Galaxy Grand in a user-friendly device.
Some of these options are: direct call, which allows users to make a call just by placing the phone to your ear, alert and intelligent, showing missed calls and new messages just picking up the phone.
These features intuitive video is also emerging that allows users to play videos on the screen through a window "pop-up".
Voice S is another option as part of the Galaxy Grand and that control the phone via voice. It also includes AllShare content sharing with other devices. In addition, the phone comes pre-loaded with the latest versions of Samsung Hubs. The Grand Galaxy come in two versions. Dual SIM version, which will launch first, and SIM Single version. The Dual SIM is a feature that provides "total flexibility" in communication. This feature allows users to manage two phone numbers in one single.
