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Category Archives: Telecommunications

Research In Motion Posts Good Results

20-Jun-09

Research in Motion (RIM), developer of the BlackBerry smartphone, posted results for its fiscal quarter ended May 30, 2009 that were 33% higher than Q01 2008/2009. RIM boosted earnings per share to US$1.12 from US$0.84 yoy. The company continues to focus on innovation as it competes with Apple Inc’s iPhone and Palm Inc’s Pre. This [...]

Doom & Gloom For Nortel Networks?

12-May-09

After filing for bankruptcy protection earlier this year, Nortel Networks, the largest maker of telephone equipment in North America, said its loss for Q01 2009 (ended March 21) expanded as the global downturn helped to cause a drop in its sales. The company lost US$ 1.02 per share compared with US$ 0.28 a share (YOY). [...]