RIM has slew of next-gen 'superphones' to launch, but stock price still dips on news

Posted by Knowlton Thomas on 2011-07-13 10:47:00 AM

Research In Motion co-CEO Balsillie said at the company's annual general meeting yesterday that they have an entire roster of next-gen smartphones on the horizon. But with a 2012 launch a reputation for delays, shareholders were unimpressed. On a day that sees most of the market surging (competitor Apple has jumped nearly 6 percent), RIM's share is in the red, still below $30 from its $140 high just a couple of years ago.

RIM is calling its next-gen BlackBerrys "superphones," but skeptics are saying they can barely make capable smartphones—so the leap in technology will have to be astounding, in terms of both hardware and software. It is known that they will be using a QNX-based OS, as utilized in the PlayBook tablet.

The Waterloo technology giant says it has 67 million worldwide BlackBerry subscribers and 45 million BBM users. Its new Bold Touch should launch by summer's end, with the new Torch and Curve coming as well. The other handsets remain a mystery, but most are likely upgrades of existing models, such as the Style, Pearl, or Storm. (But hopefully not.)

Company:
Research In Motion
Website:
http://www.rim.net
Location:
Waterloo, Ontario, Canada

BlackBerry (Research In Motion) is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. RIM's portfolio of award-winning products are used by thousands of organizations around the world and include the BlackBerry® wireless platform, software development tools, and software/hardware licensing agreements. more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the Associate Editor of Techvibes. A Vancouver-based writer and author, Knowlton has been published in national publications and has also appeared on television and radio. He has written two ebooks and more are in the works. Previously, he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing... more



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