Google's Android mobile OS has continued to widen its lead on Apple's iOS in terms of U.S. smartphone subscribers, while Research in Motion and Microsoft have fallen even further behind, according to a new survey.
Canadian telecommunications equipment maker Nortel announced late Thursday that a consortium of companies, including Apple, EMC, Ericsson, Microsoft, Research in Motion and Sony, placed the winning bid in a high-profile auction for a collection of more than 6,000 patents.
Faced with strong pressure from investors and an open letter from an anonymous executive calling for a new CEO, BlackBerry maker Research in Motion has agreed to establish a committee to look into the company's executive and board roles.
Software sales from Apple's mobile App Store as well as competing options like the Android Market are expected to continue their huge growth in the coming years, reaching $14.1 billion in direct revenue in 2012 and nearly $40 billion by 2015.
Apple has received approval to proceed with plans to bid on a group of wireless technology patents from bankrupt Canadian company Nortel, while significant interest in the patents has led to the auction being pushed back a week.
Apple's cash is expected to top $70 billion at the conclusion of its current fiscal quarter, a sum so massive it could buy out rivals Nokia, Research in Motion, HTC and Motorola Mobility, according to a new analysis.
With Research in Motion's first quarter of fiscal 2012 officially in the books, analysts on Wall Street have begun to pile on the beleaguered smartphone maker, declaring its outlook bleak as competitors like Apple are poised to gain on its losses.
Once a rising star among smartphones, Canadian Blackberry maker Research In Motion announced sharply lower profits related to product delays an intense competition, pushing it to sack workers while the market attacked the company's valuation.
The U.S. Department of Justice has concluded an antitrust investigation into Google's bid for a collection of wireless-related patents from Nortel and has approved the bid, while talks with Apple and Research in Motion over their potential bids remain ongoing.
The anticipated ability of Apple's iCloud network to take some processing and traffic burdens from wireless carriers' networks has been predicted by one analyst to cause "collateral damage" for rival handset maker Research in Motion.
A new investor report from J.P. Morgan on Wednesday indicates that Apple's competitors in the tablet market have reduced their build plans after receiving an "early dose of reality" in the form of lackluster sales.
With Apple's iPhone now significantly outperforming Research in Motion's BlackBerry line and the company struggling to respond, some investors have called for a change in leadership at the Canadian smartphone maker.