BlackBerry, in its latest aggressive attempt to regain share in the smartphone market, is offering up to $550 for people to trade in their iPhones.» Read More
Research in Motion investors were betting on a big quarter, and the Blackberry maker delivers. And delivers big time. The company reported 72 cents a share on $1.88 billion, with both categories well ahead of Street expectations.
Here we go again: rumors swirling of iPhone shortages, supply constraints, manufacturing issues, and other sky-is-falling doomsday scenarios swirling around Apple and the product that should guide revenue and growth for the next generation.
Stocks wobbled at the open Wednesday as the market looked to Federal Reserve Chairman Ben Bernanke, testifying on Capitol Hill today and tomorrow, for direction.
Let's face it. Most people above a certain age don't "get" instant messaging. Thankfully, Research in Motion has attached Blackberries to the hips of business people so they can e-mail each other on the go. If you think this company sounds boring or its products aren't sexy, you haven't seen RIM's growth numbers.
Today could be a watershed day for Research in Motion after a raucous quarter that saw shares dip into the low $80s before launching their recent recovery over the past week or so. And that's the quirkiness comes in: never during the quarter was there an indication that fundamentals hit any snags, and yet shares suffered a precipitous decline.
The exuberance of Tuesday's stock market rally is likely to wane as investors begin to anticipate Wednesday morning Congressional testimony from Fed Chairman Ben Bernanke.
New hope that the credit crisis is nearing an end sends stocks soaring as investors say good riddance to Q1. Also, the latest on Microsoft-Yahoo, Merck and Schering and more.
We've spent a lot of time at CTIA talking about Research in Motion, Apple, Nokia and other major players from the wireless world. But it was the surprising comments from Microsoft's spacer entertainment and devices division president during my interview with him that began to drive Microsoft's shares.
The news, such that it was, seemed intriguing: a blog reported that Research in Motion announced plans this morning at the big CTIA Wireless show in Vegas, that it was going to unveil a Windows Mobile compatible BlackBerry.
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Stocks advanced Monday, led by financials, as the market looked for insight into the second quarter and braced for closing its worst quarter in 5 1/2 years.
Rested, relaxed, and now raring to go. Two back-to-back weeks off is a rare treat in this business and we made the most of our time off, but talk about jumping back into the swing of things with a vengeance!
For the week ending Friday, March 28, 2008 the US Markets ended mixed after starting on a high note Monday extending last week's market rally. The winning streak came to an end on Tuesday when the Dow closing down for the first time in three sessions. The NASDAQ had the strongest performance of the week managing a positive gain despite weak earnings from Oracle and poor performance from Google . Economic data dragged on the markets with consumer sentiment and confidence at low levels and negative housing data.-Next week the markets will watch Friday's jobs report for evidence of recession, and any revisions on guidance as we move into earnings season. Alcoa kicks off "official" earnings season on Monday, April 7th after the bell. The big companies for next week all hit on Wednesday with RIM , Monsanto and Best Buy all reporting earnings.
Research In Motion shares are in positive territory this year as the company attempts to tighten its grip on the business device market. What’s the trade ahead of RIMM earnings Wednesday?
Stocks closed lower Friday after a profit warning from J.C. Penney, which renewed fears about slower consumer spending. Financials and techs caved in after earlier attempts to rally.
The slowdown in the U.S. economy and its impact on BlackBerry sales will be among the top things to watch for when Research In Motion reports quarterly results on Wednesday.
Stocks advanced Friday, boosted by benign inflation data and an upgrade on Lehman Brothers.
Stocks rose at the opening bell as the market weighed benign inflation data with a weak outlook from J.C. Penney.
The Lightning Round is extended in this new CNBC.com exclusive feature.
Plus, Cramer denounces claims he pumps and dumps.