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BUSINESS
April 8, 2004
* Research In Motion Ltd. reported a third consecutive quarterly profit as sales rose on strong demand for its BlackBerry wireless device. The Waterloo, Ontario-based company posted net income of $41.5 million, or 46 cents a share, for its fiscal fourth quarter ended Feb. 28.
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BUSINESS
May 5, 2009 | Alana Semuels
For the moment, Apple Inc.'s iPhone has been unseated from its throne. Research in Motion's BlackBerry Curve replaced the iPhone as the best-selling smartphone among consumers in the first quarter, the NPD Group said Monday. The iPhone came in second, with two other BlackBerry models -- the Storm and the Pearl -- right behind.
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BUSINESS
December 18, 2007 | From Times Wire Services
Research in Motion Ltd., the maker of the BlackBerry e-mail device, will open a U.S. headquarters in Irving, Texas, as it steps up efforts to attract American customers. The Waterloo, Canada-based company said it expected to employ more than 1,000 people in the Dallas suburb.
BUSINESS
April 3, 2009 | Times Wire Reports
BlackBerry maker Research in Motion Ltd. said its profit jumped in its fiscal fourth quarter, surpassing analysts' expectations. RIM said it earned $518.3 million, or 90 cents a share, up 26% from a year earlier. Analysts polled by Thomson Reuters had expected a profit of 84 cents a share. The Waterloo, Canada, company said its sales jumped 84% to $3.46 billion, slightly higher than the $3.42 billion that analysts expected. Shares jumped $11.49 to $60.58 in after-hours trading.
NATIONAL
December 18, 2005 | From Times Wire Reports
The U.S. Patent and Trademark Office said it would try to complete with "special dispatch" a review of patents that could result in the shutdown of Research In Motion Ltd.'s BlackBerry e-mail device in the U.S. The patents are owned by NTP Ltd., a licensing company from Arlington that won a 2001 patent-infringement lawsuit against Research In Motion.
BUSINESS
December 22, 2005 | From Reuters
Research in Motion Ltd. reported a stronger-than-expected 33% rise in fiscal third-quarter earnings as sales jumped on surging demand for its BlackBerry wireless e-mail device. The Waterloo, Canada-based company said net income rose to $120 million, or 61 cents a share, in the quarter ended Nov. 26, from $90.4 million, or 46 cents, a year earlier. Revenue rose 53% to $561 million. Research in Motion shares fell 32 cents to $61.76 in regular trading. Shares jumped after hours to $65.40.
BUSINESS
February 23, 2006 | From Associated Press
The U.S. patent office issued its first of several anticipated final rejections of patents held by NTP Inc. related to Research in Motion Ltd.'s BlackBerry device, two days before a judge will hear arguments on an injunction on the wireless e-mail service. The Patent and Trademark Office is expected to finally reject four other patents at the heart of the court case, but it's unclear when those actions could come.
BUSINESS
April 3, 2009 | Times Wire Reports
BlackBerry maker Research in Motion Ltd. said its profit jumped in its fiscal fourth quarter, surpassing analysts' expectations. RIM said it earned $518.3 million, or 90 cents a share, up 26% from a year earlier. Analysts polled by Thomson Reuters had expected a profit of 84 cents a share. The Waterloo, Canada, company said its sales jumped 84% to $3.46 billion, slightly higher than the $3.42 billion that analysts expected. Shares jumped $11.49 to $60.58 in after-hours trading.
BUSINESS
August 3, 2005 | From Bloomberg News
A U.S. appeals court upheld most of a ruling that Research in Motion Ltd.'s BlackBerry e-mail pager infringed patents, delaying a judge's order to halt sales of the device in the U.S. The U.S. Court of Appeals for the Federal Circuit in Washington told U.S. District Judge James Spencer to rewrite his 2002 injunction to reflect decisions made on appeal. Research in Motion had agreed to pay $450 million to settle a dispute with NTP Inc., a closely held patent-licensing company.
BUSINESS
February 28, 2006 | From Bloomberg News
Research in Motion Ltd., operator of the BlackBerry e-mail service, and patent owner NTP Inc. traded accusations about their offers to settle a dispute that threatens to ban most use of the hand-held device in the U.S. "RIM's public assertions that NTP has not proposed a license that protects its carriers is both disingenuous and intentionally misleading," Arlington, Va.-based NTP said. "Don't be fooled by NTP's aggressive stance," said Mark Guibert, a Research in Motion vice president.
BUSINESS
February 13, 2008 | From the Associated Press
The company behind the BlackBerry smart phones said a three-hour e-mail outage Monday was caused by an upgrade designed to increase capacity. Research in Motion Ltd. said Tuesday that the upgrade was part of "routine and ongoing efforts," and that similar upgrades in the past had caused no problems. The outage, which started about 12:30 p.m. PST, annoyed subscribers who are used to checking and writing e-mail whenever they're in cellular coverage and able to make voice calls.
BUSINESS
December 21, 2007 | From Times Wire Services
Research in Motion Ltd. reported a doubling of profit and issued a forecast that topped analysts' estimates on demand for its popular BlackBerry. Sales of the device with phone, e-mail, map and music player functions helped propel net income to $370.5 million, or 65 cents a share, in the company's fiscal third quarter, compared with $175.2 million, or 31 cents, a year earlier. Analysts in a Bloomberg survey had expected a profit of 62 cents.
BUSINESS
December 18, 2007 | From Times Wire Services
Research in Motion Ltd., the maker of the BlackBerry e-mail device, will open a U.S. headquarters in Irving, Texas, as it steps up efforts to attract American customers. The Waterloo, Canada-based company said it expected to employ more than 1,000 people in the Dallas suburb.
BUSINESS
April 23, 2007 | From the Associated Press
BlackBerry maker Research in Motion Ltd. is introducing a software application that can make Palm Treos and other Windows-based mobile devices made by rivals work like BlackBerrys. The software, due in the fall, is designed to extend BlackBerry's dominance by offering an option to individuals who may not want to switch devices to get the service, and to companies that would like to give employees a wider selection of hand-helds without being forced to support multiple mobile e-mail platforms.
BUSINESS
April 12, 2007 | From Bloomberg News
Research in Motion Ltd.'s fourth-quarter profit soared as it released new devices and won market share. The shares fell after sales trailed analysts' estimates and the company disclosed a formal probe by regulators. Net income rose to $187.9 million, or 99 cents a share, from $18.4 million, or 10 cents, a year earlier, the company said. Sales climbed 66% to $930.4 million, missing the $935.4 million average estimate of analysts in a Bloomberg survey.
BUSINESS
September 29, 2006 | From Bloomberg News
Research in Motion Ltd., maker of the BlackBerry personal communications device, on Thursday posted fiscal second-quarter profit and sales that beat analysts' estimates, driving its shares to a record high in after-hours trading. The company also said results in the current quarter would surpass expectations. Research in Motion's shares rocketed to $103.30 in after-hours activity. They had lost 14 cents to $86.06 in regular trading, before results were announced.
BUSINESS
January 18, 2006 | From Bloomberg News
The U.S. Patent and Trademark Office granted NTP Inc.'s request for more time to respond to an agency review of patents at the center of a dispute over Research in Motion Ltd.'s BlackBerry wireless e-mail device. The patent office gave NTP, a patent licensing firm in Arlington, Va., until Feb. 28 to submit responses to nonfinal rejections of three of its patents, according to the agency's website.
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