Correspondent, Toronto, Canada
Alastair's Feed
Jul 4, 2012
Jul 4, 2012
Jul 2, 2012
Jul 1, 2012
Jun 30, 2012
Jun 29, 2012
Jun 29, 2012

Analysis: Will RIM’s cash hold out long enough?

TORONTO (Reuters) – For the next year or two, Research In Motion Ltd is as much about preserving cash as about selling BlackBerrys. Its very survival depends on it.

The company, which released dreadful quarterly results on Thursday and delayed the launch of the next-generation BlackBerry 10s until early 2013, is frantically cutting costs to align with a revenue stream that has dropped 43 percent over the past year.
Jun 29, 2012

Will RIM’s cash hold out long enough?

TORONTO, June 29 (Reuters) – For the next year or two,
Research In Motion Ltd (RIM.TO: Quote, Profile, Research) (RIMM.O: Quote, Profile, Research) is as much about
preserving cash as about selling BlackBerrys. Its very survival
depends on it.

The company, which released dreadful quarterly results on
Thursday and delayed the launch of the next-generation
BlackBerry 10s until early 2013, is frantically cutting costs to
align with a revenue stream that has dropped 43 percent over the
past year.

Jun 29, 2012
Jun 29, 2012
Previous17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31Next

    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Hometown:
      Melbourne, Australia
      Joined Reuters:
      2007
      Languages:
      English, Arabic

    • More from Alastair

      Twitter:
      @5thEstate

    • Contact Alastair

      Email:
      alastair.sharp@reuters.com

    • Follow Alastair

      RSS feed icon Subscribe to all posts via RSS (What is RSS?)