Non-practicing entity Fundamental Innovation Systems International on Monday filed a lawsuit against Apple claiming the tech giant infringes on multiple patents covering USB charging and communication technologies.
Thorsten Heins, chief executive of Research In Motion, said on Monday that the embattled BlackBerry maker must ensure that its forthcoming BlackBerry 10 models are successful before the company can consider strategic alliances, such as licensing its software or even selling off its hardware production.
According to a study released by IDC, Apple's iPhone and handsets operating Google's Android operating system will combine to overtake the share of enterprise customers using RIM's BlackBerry, which for years has been the stalwart OS of that segment.
While Research in Motion reported dismal quarterly earnings this week, the company did manage to improve its cash balance, suggesting the its demise isn't imminent — if it can survive until the launch of BlackBerry 10.
Research in Motion CEO Thorstein Heins said in a Thursday earnings conference call that the company is working hard to overcome the challenges faced by the rapidly expanding smartphone market and is looking to the upcoming BB10 platform and licensing deals for BlackBerry Messenger to survive.
Canadian telecom Research in Motion took a substantial hit during its first fiscal quarter of 2013 with a non-GAAP loss of $0.37 per share on only $2.81 billion of revenue, numbers that are drastically lower than anticipated results from financial analysts and represent the first net loss for the company since 2004.
In 2010, when the iPhone was still exclusive to AT&T in the U.S., the carrier turned to Research in Motion and asked it to develop a touchscreen device to compete with the iPhone, a new report reveals.
Market analysts at IDC estimate that the share of handsets running Microsoft's Windows Phone will grow to take nearly 20 percent of the market by 2016 at the expense of Apple's iOS and Google's Android.