RIM CEO Mike Lazaridis Announces More Touchscreen Phones On The Way

April 16 2009No Commented

Categorized Under: Uncategorized

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RIM CEO Mike Lazaridis said that BlackBerry is not done with building more touchscreens despite the problems that they have been having with the Storm.  “That’s our first touch product, and you know nobody gets it perfect out the door. You know other companies were having problems with their first releases.”  Through the aforementioned statement Mike implied that there will be more touchscreens on the way.

Other features RIM is working on includes a way to improve the performance of their web browser on BlackBerry devices.  RIM shipped about 50 million BlackBerry devices since they launched in 1999.  Laptop Magazine has a more thorough interview with Mike.

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Nokia Profit Drops 90% In Q1 of 2009

April 16 2009No Commented

Categorized Under: Cell Phones

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Nokia Corporation has just announced their results for the first quarter of 2009 and it is not looking good.  They made a profit of $160 million, but that is a drop in 90% from the year before.  In 2008, Nokia’s first quarter profit was $1.6 billion.  Revenues were also down.  This year in the first quarter, sales were about $12.2 billion and last year it was $16.7 billion for the same time period.

“The macro [economic] environment is causing many people to trade down and purchase lower priced handsets,” stated Nokia CEO Olli-Pekka Kallasvuo.  Nokia is facing pressure from the smartphone competition.  Apple and RIM are selling them by the millions.

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