Tag Archives: SecondQuarter

RIM posts Q2 earnings: $2.87 billion in revenue, softer $235 million loss

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Research in Motion headquarters

RIM may have given us hope that its transition to BlackBerry 10 has turned a corner, but that doesn't mean the dark clouds have entirely broken just yet. The company's second fiscal quarter saw it generate $2.9 billion in revenue, a slight gain over last quarter, while it posted a net loss of $235 million -- again better than expected, but not the best news it could deliver. Waterloo's main challenge was holding on to its smartphone base. While RIM did expand the total BlackBerry user base to 80 million, its phone shipments dropped from 7.8 million to 7.4 million and were braced by shipments of just 130,000 PlayBooks, or half as many tablets as were delivered in the spring.

The sunshine is mostly found in the total picture. RIM says it's still on track to deliver the first BlackBerry 10 phones in early 2013; while the smartphone maker is bracing for an operating loss in its ongoing third quarter, the higher revenue and reduced losses suggest to CEO Thorsten Heins that RIM is getting its fiscal house in order before BlackBerry 10 (hopefully) renews interest. Full details of the company's financial performance are available after the break.

Continue reading RIM posts Q2 earnings: $2.87 billion in revenue, softer $235 million loss

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RIM posts Q2 earnings: $2.87 billion in revenue, softer $235 million loss originally appeared on Engadget on Thu, 27 Sep 2012 16:09:00 EDT. Please see our terms for use of feeds.

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Nielsen has Android near 52 percent of US smartphone share in Q2, iPhone ekes out gains

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Nielsen has Android near 52 percent of US smartphone share in Q2, iPhone ekes out its own gains

If there was doubt as to whether or not Android would soon become the majority smartphone platform in the US, that's just been erased by Nielsen. Google crossed the tipping point in the second quarter after getting close in the winter, with 51.8 percent of current smartphone users running some variant on the green robot's OS. As we've seen in the past, though, the increase is coming mostly at the expenses of platforms already being squeezed to within an inch of their lives, such as the BlackBerry (8.1 percent) and Windows (4.3 percent combined). Apple still isn't in a position to fret: it kept climbing to 34.3 percent and swung the attention of recent buyers just slightly back in its direction. The real question for many of us might center on what happens in a summer where Samsung has thrown a Galaxy S III-sized curveball at Americans and any new iPhone is likely still a few months away.

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Nielsen has Android near 52 percent of US smartphone share in Q2, iPhone ekes out gains originally appeared on Engadget on Thu, 12 Jul 2012 17:19:00 EDT. Please see our terms for use of feeds.

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