5/29/12

BlackBerry maker to study options, warns of loss | Inquirer Technology

BlackBerry maker to study options, warns of loss | Inquirer Technology: "NEW YORK—BlackBerry maker Research In Motion warned Tuesday it could report a loss in the current quarter and said it had hired investment firms to study its strategic options.

The move comes with the BlackBerry, which pioneered the smartphone, rapidly losing market share to Apple’s iPhones and devices powered by Google’s Android operating system.
Chief executive Thorsten Heins said RIM “is going through a significant transformation” as it moved towards the launch later this year of the BlackBerry 10, the new platform aimed at competing with Apple and Google.
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