Embattled BlackBerry-maker Research In Motion (RIM) received a welcome pick-me-up this week when research firm IDC said the companys shipments are outpacing those of its four main rivals.
RIM posted the highest year-over-year gain 40 percent over Nokia, Samsung, LG Electronics and Sony Ericsson, thanks to its singular focus on the smartphone market,” IDC said. In fact, RIM shipped its 100 millionth BlackBerry device in the second quarter, and launched two new models that RIM hopes will shore up its flagging fortunes. RIM further launched the long-awaited BlackBerry 6 operating system, which investors and analysts expect to compete against the iPhone and Android operating systems.
But RIM isnt out of the woods yet. The upward pressure from vendors outside the current top five vendors, particularly Apple and Motorola, will provide tough competition in the quarters to come,” Ramon Llamas, senior research analyst with IDC’s Mobile Devices and Technology Trends team, said in a press release. To be sure, the BlackBerry, despite its success, is losing ground to more Internet-capable, apps-friendly competitors, and creating worry about RIMs future.
RIM could be saved by users outside of the United States, however. IDC said Latin America and Asia/Pacific, except for Japan, will spur demand for all smartphones.
Overall, Nokia remains the mobile phone markets top dog, followed by Samsung, LG Electronics, RIM and Sony Ericsson, IDC said.
Shares up RIM were up 3.05 percent at about 12:30 p.m. Eastern, reaching $57.40.
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January 16 2019 @ 18:48:27 UTC