28 Jun '12, 11pm

Ailing BlackBerry maker to cut 5,000 jobs, delay platform to 2013

Visitors try out Blackberry tablet PC's at the world's biggest high-tech fair, the CeBIT, on March 6, 2012 in Hanover, central Germany. BlackBerry maker Research in Motion (RIM) offered up a grim quarterly report on Thursday showing deepening losses and worsening sales, as it announced 5,000 job cuts and a delay in its new smartphone platform. -- PHOTO: AFP MONTREAL (AFP) - BlackBerry maker Research in Motion (RIM) offered up a grim quarterly report on Thursday showing deepening losses and worsening sales, as it announced 5,000 job cuts and a delay in its new smartphone platform. The struggling Canadian firm said its loss in the quarter ending June 2 widened to US$518 million (S$662 million). It delayed until early 2013 a new platform to help BlackBerry compete with Apple and other smartphone makers. The report was worse than expected and sent RIM shares, already at a nine...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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CUT. IT. OUT.

CUT. IT. OUT.

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RIM delays new BlackBerry launch; sales crumble - Tech News - San Francisco Luxury News

RIM delays new BlackBerry launch; sales crumble...

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