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Revision as of 00:36, 31 January 2013
Blackberry manufacturer Research in Motion (RIM) has reported a quarterly loss, due in part to falling revenues on the back of weak smartphone shipments.
The Canadian company made a net loss for the three months to 3 March of $125m (�78m), compared with a profit of $934m a year earlier.
Revenues fell to $4.2bn from $5.2bn.
The firm also suggested it would refocus on the corporate market rather than on individual consumers.
It also announced the resignation of former co-chief executive Jim Balsillie.
Chief technology officer David Yacht will also be standing down.
Shares in the company fell as much as 9% in after-hours trading following the trading statement. They have fallen by 80% over the past year.
Shipments of BlackBerry smartphones in the quarter fell to 11.1 million, down 21% from the previous three-month period.
Shipments of the company's PlayBook tablets hit 500,000, largely due to substantial discounting.
For the full financial year, the company made a net profit of $1.2bn, down from $3.4bn in the previous year.
The results were worse than analysts had expected and RIM shares fell sharply in after-hours trading. Corporate focus
RIM has struggled to keep up with rivals in the smartphone market, such as Apple's iPhone and handsets running on Google's Android operating system.
It has also struggled to gain a foothold in the tablet market.
but many times
With a condo, you don't have to do home repairs, painting,beats dr dre headphones, fixing the roof, mowing the lawn, cleaning the pool, but instead you get to pay sometimes exorbitant HOA fees. Make sure the extra monthly expense you spend on maintenance is worth for you. Some people like the idea of not having to take care of anything and be free of the responsibility, but many times, you could hire someone to upkeep the outside of your home for less than HOA fees..
Renting movies online is easier than ever. All you have to do is have a mailing address and they'll mail the movies right out to you. And when you're done you just pop them back in the special envelop and put them in the mail and you never have to worry about late fees or dealing with cranky retail people or getting to the movie first..
Mr. Green, thank you. This article is a classic example of why independents, like myself, do not trust the media,studio by dr dre. I spent about ten minutes here before getting going again. Crossed a road,beats solo, got on another trail, and proceeded to climb, up and up: I walked the whole way up to about 8400 elevation. I ran this race with my Suunto altimeter watch, so much of my calculations were based on elevation.
Until the latest analysis is published, we can only speculate on what has been found. But the human family tree could be about to get even more complicated. If so, there may be a case for reclassifying all three as members of the same species,dr dre earphones.. The United Nations Climate Change Conference is underway in Doha, Qatar. More than 190 nations are represented, including representatives from Britain and Malaysia. The latest analysis by the UN Environment Programme shows that current pledges to 2020, even interpreted in the most favourable way possible,beats for sale, would only get us halfway towards a 2°C trajectory,cheap dr dre.