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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.
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.
Canada: Undisclosed [5] 6 22 November 2006 Epoch Integration Wireless network firm Canada: Undisclosed [6] 7 23 January 2009: Certicom: Cryptography Canada: Undisclosed [7] 8 30 January 2009: Chalk Media Software Canada: $23,125,000 [8] [9] 9 13 February 2009 Alt-N Technologies Mail transfer agent United States: Undisclosed [10] 10 5 June 2009 ...
By Alastair Sharp TORONTO -- The top lawyer at Research In Motion Ltd. has resigned and will soon leave the struggling BlackBerry maker, RIM said on Monday. She joins a parade of long-time company ...
More than a few major tech companies have been eyeing BlackBerry maker Research In Motion (RIMM), according to recent published reports. Reuters is reporting that Amazon.com (AMZN) hired an ...
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The decline was steep for RIM: in the span of five years, the company had gone from Canada's most valuable property, surpassing even the biggest bank, to a tenth of its former value. [9] Balsillie commercialised 44,000 patents during his career at RIM, and claims he is "the largest commercial IP protagonist in the history of [Canada]." [5]
It has been a horrible year for Research In Motion (RIMM), and things may not be getting any better for the BlackBerry maker come 2012. Despite all of the buyout speculation that has reached a ...