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  • RIM Adds Google Apps To New Tablet

    The competition is coming in both the consumer and corporate markets, the latter of which RIM has traditionally dominated.

    Upstart: Tech/E-Commerce

    Research In Motion Ltd. posted a 32% jump in quarterly profit, but the BlackBerry maker warned of lower earnings and revenue in the current period. Shares fell about 11% in Friday afternoon trading.

    The Waterloo, Ontario, company also said it plans to allow Android applications to run on its PlayBook tablet computer, due out next month. The move will greatly expand the number of apps available on the PlayBook. But it is a concession by RIM, as it has struggled to compete against Apple Inc. and a slew of devices running Google Inc.’s Android software.

    RIM posted a jump in quarterly earnings, but the BlackBerry maker issued a weak outlook for the current period and shares were down sharply on Friday. What can RIM do to win investor favor? Also: RIM says its new tablet will run Google Android apps.

    The number of third-party apps available on the Apple and Android platforms is in the hundreds of thousands, dwarfing the approximately 20,000 apps available on RIM’s BlackBerry App World store.

    RIM said it shipped 14.9 million BlackBerrys in the quarter ended Feb. 26, near the top of its guidance of 14.5 million to 15 million units, but below the 16.2 million iPhones Apple sold in its December quarter.

    RIM has set the North American launch of the PlayBook for April 19. Executives said Thursday the tablet’s rollout wouldn’t be affected by the quake in Japan.

    The PlayBook launch comes as RIM struggles to compete in the U.S. and increasingly relies on sales in emerging markets for its growth, where cheaper models make up more of sales.

    The Blackberry PlayBook tablet is displayed at the Research in Motion booth during the 2011 International Consumer Electronics Show in Las Vegas.

    The competition is coming in both the consumer and corporate markets, the latter of which RIM has traditionally dominated.

    Read more:

    http://online.wsj.com/article/SB10001424052748704425804576220982633175162.html?mod=WSJ_Tech_LEADSecond

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    Filed Under: Tech/E-Commerce

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