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BlackBerry lost its market dominance to Google's Android technology in 2010, when the operating system of the machine, BlackBerry OS, had not been updated since March 2002. [11] At the end of 2011, Balsillie was the third largest shareholder of the company, holding 5.1% of the outstanding shares. [6]
The 87% drop in BlackBerry's stock price between 2010 and 2013 was primarily attributed to the performance of the iPhone handset. [31] The first three iPhone models generally lagged behind the BlackBerry in sales, as RIM had major advantages in carrier and enterprise support; however, Apple continued gaining market share.
Mihal "Mike" Lazaridis (born March 14, 1961) is a Greek Canadian businessman, investor in quantum computing technologies, and co-founder of Research In Motion, which created and manufactured the BlackBerry wireless handheld device.
BlackBerry Ltd (NASDAQ: BB) Over the last year, BlackBerry has been through several spikes and selloffs. Currently, the stock is recovering from a light selloff at the beginning of June. At press
In June 2008, BlackBerry (NYSE: BB)-- then known as Research in Motion -- saw its stock hit a record high of $147.55 as its market cap hit $83.3 billion. It was the world's top smartphone maker ...
Investors shrugged at a reasonably solid quarter from the enterprise software and services specialist. Here's what you need to know.
As Research In Motion went public in 1997, Fregin's ownership stake in the company amounted to 5% of shares, valued at $23.6 million. [6] Over the years, the value of his ownership increased, and in 2005, he owned 2.7% of RIM, which had a value of $396 million.
BlackBerry delivered a solid quarter with the help of record "technology solutions" segment sales. Here's what investors need to know. Why BlackBerry Ltd. Stock Popped Today