April 12, 2007 |
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.
November 12, 2005 |
Don't stand between bureaucrats and their BlackBerrys. Eager to keep federal thumbs tapping, the Justice Department this week stepped into a long-running patent dispute that threatens to pull the popular and addictive BlackBerry hand-held e-mail device off the market. The feds want to ensure that even if a judge stops BlackBerry sales and service, government workers won't get cut off.
December 21, 2007 |
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.
April 12, 2001 |
Research in Motion Ltd. said earnings surged beyond expectations in its fiscal fourth quarter, fueled by subscriber growth for its BlackBerry two-way e-mail pager and shipments of its wireless hand-held products to AOL Time Warner Inc. The news sent RIM shares up as much as 29% in after-hours trading to $28.19. The stock had closed off $2.82 at $21.93 on Nasdaq before the results were announced. The Canadian company's operating earnings surged 159% to $8.
January 10, 2006 |
Chip giant Intel Corp. urged the Supreme Court to consider Research in Motion Ltd.'s appeal of a patent-infringement finding against its BlackBerry e-mail devices, saying the case "cries out for clarification." Intel filed court papers Jan. 4, urging the high court to consider the Canadian firm's bid to overturn a finding that the devices and the system for sending wireless e-mail infringe patents owned by NTP Inc., a Virginia licensing company. "The scope of U.S.
December 10, 2005 |
Patent holding company NTP Inc. has rejected an offer by BlackBerry maker Research in Motion Ltd. to settle their legal battle and the two sides are not negotiating, NTP co-founder Don Stout said Friday. Stout said RIM made an "unacceptable" written offer Thursday to settle NTP's patent infringement lawsuit, which could shut down the popular BlackBerry e-mail service in the U.S. "They have responded yesterday in a manner which is unacceptable, so we're not negotiating," Stout said.
September 29, 2006 |
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.
February 20, 2006 |
Say what you want about patent infringement suits, at least the BlackBerry case has drama. A federal judge, clearly impatient with the long-running case, could issue an injunction soon on U.S. sales and service of the wireless e-mail device. Remarkably, neither BlackBerry maker Research in Motion Ltd. nor tiny patent holder NTP Inc. have shown signs of backing down. In effect, they're daring each other to blink first and settle.
November 24, 2005 |
Research in Motion Ltd., maker of the BlackBerry wireless device, lowered projections Wednesday for new subscribers because of product launch delays, though it backed its revenue forecast for the third quarter. Shares of the company fell 80 cents to $66.28. The new projections come as RIM awaits final resolution of a high-stakes battle in a Virginia court where a jury has found BlackBerry's maker guilty of patent infringement.