BlackBerry posts $643 million profit
BlackBerry’s makers Research In Motion (RIM) have reported a net profit of $643 million for the first quarter of the current financial year. However, the company’s quarterly revenue figures slipped from $3.46 billion to $3.42 billion from the previous quarter.
The profit figures are up from $518.3 million as reported during the previous quarter and the revenue of the company has grown by almost 53% from $2.24 billion as compared to the figures last year.
During this time, BlackBerry has reportedly added about 3.8 million net new subscribers’ accounts, taking the total to a staggering 28.5 million users.
According to figures released, the company has sold over 7.8 million smart phones during the past quarter. These sales have accounted for 81% of RIM’s revenue.
The Waterloo based wireless communications giant also forecast the second quarter revenue to be in the range of $3.45 to $3.70 billion, adding new 4.1 million subscribers in the next quarter.
According to RIM co-CEO Jim Balsillie, “The industry leading BlackBerry product portfolio is driving strong customer demand around the world and our penetration of new market segments continues to expand.”
BlackBerry gets own applications store
Following the footsteps of Apple Inc, the BlackBerry manufacturer, Research in Motion Ltd (RIM), is all set to launch its one-stop shop for add-on applications on Wednesday.
BlackBerry App World will be available for download from RIM’s Web site starting at midday, Co-Chief Executive Jim Balsillie of the Waterloo, Ontario-based company announced on Wednesday.
On the other hand, many other key players in the smart phone industry are developing their application stores on similar lines. The company has made available a thousand applications at the launch of its applications store.
BlackBerry App World, unlike its Apple counter part has planned to share revenues with cell phone carriers and allow them to profile themselves by setting up their own stores-within-the-store.
If their carrier chooses to enable that function, the users would be given the facility to charge application purchases to their cell phone bill.
Incidentally, Microsoft Corp announced a day earlier that their carrier stores and billing will be part of its Windows Marketplace for Mobile, an applications store that the software giant is aiming to launch along with their new phones towards the end of the year 2009.
Nokia Corp, which has several application stores, is now planning to combine them all into one. Google Inc runs an Android Marketplace of programs for the T-Mobile G1 phone, which will be joined by other phones running Google’s Android software this year.
Skype coming to iPhone, BlackBerry
The internet telephone unit from eBay Inc., Skype, is now coming soon to your iPhones and Blackberry! Skype has announced its plans on Monday to launch its service for iPhone users on Tuesday and for BlackBerry in a couple of months, till May.
For Apple’s iPhone, Skype plans to launch the service on Tuesday at the CTIA annual mobile showcase in Las Vegas.
With an aim to multiply its users, Skype is trying to make a move forward by offering its services on the smart phones. They currently have more than 400 million users. The company has been offering schemes like cheap and sometimes free calls made using its computer application.
The Chief Operating Officer of Skype, Scott Durchslag, expects that their application will mange to gain popularity on Apple’s popular iPhone. He is pinning hopes on Skype’s most feature-rich mobile offering to appeal to both their new and existing customers.
“The No. 1 request we get from customers is to make Skype available on iPhone. There’s a pent-up demand,” Durchslag stated in a prior interview
Skype will launch its services for Research In Motion’s (RIM) BlackBerry devices. The company has already announced its services for Nokia phones and for Google’s Android based and Microsoft’s phones Windows Mobile smart phones.
Apple granted the patent for iPhone touch-screen controls
US electronics giant Apple Inc. now has its grant for the patent for its iPhone touch-screen controls sanctioned by the government.
Driven by the phenomenal success of the Apple’s product many companies including RIM, Nokia and Synaptics were in the line of launching a similar product of their own. However, winning the patent for its iPhone, Apple has legally succeeded in its attempt to halt its iPhone competitors from using the similar technology and there by restricting their efforts to come up with refined iPhones.
US Patent 7,479,949, which was issued on the 20th of Jaunuary, has been awarded to “(Steve) Jobs et al” for a method of “detecting one or more finger contacts with the touch screen display” to command computing devices. The good news was followed by the company’s official announcement of their all-time high quarterly profits, a day later.
“We think competition is good. We are ready to suit up and go against anyone. However, we will not stand for having our IP ripped off and will use whatever weapons at our disposal”, said the elated chief operating officer Tim Cook, hailing the iPhone as ‘Apple’s intelectual property’.
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