RIM's stock price jumps on news of increased subscribers
BlackBerry 10 'on track' promise by CEO also helps
Computerworld - Research In Motion's stock price jumped more than 6% Wednesday after CEO Thorsten Heins addressed developers and said, among other things, that BlackBerry subscriptions had climbed to 80 million, up from 78 million in the second quarter.
Heins also described new BlackBerry Hub and BlackBerry Flow elements of the BlackBerry 10 operating system, which is on track to appear on new smartphones in the first quarter of 2013. His full 39-minute keynote, given Tuesday at BlackBerry Jam Americas 2012 in San Jose, can be seen online.
The jump in subscriptions surprised many analysts, after all the bad news from RIM over the past year. RIM's stock price had declined nearly 60% this year, and its share of the global smartphone market had fallen to 5%. Over the past five years, since the iPhone first emerged as a threat to the BlackBerry's dominance, RIM's stock price has declined about 90%.
After the Jam keynote, RIM's stock price jumped to $7.01 per share at 3:30 p.m. Eastern time, a 6.21% improvement over Tuesday's close.
The increase in subscribers was the main cause for the stock price rise, although some analysts wondered how the subscription numbers were calculated. They said the increase probably came from lower-priced BlackBerry smartphones sold in emerging markets, not in North America or Europe.
Heins gave a tiny insight about where the subscriber increase might lie, noting that the BlackBerry has done well in Southeast Asian countries, which he has visited in recent weeks.
"In Southeast Asia, smartphone adoption has gone through the roof, and BlackBerry is outpacing smartphone adoption in several of these markets," Heins said in the keynote.
Analysts said that BlackBerry Messenger, with 60 million subscribers, is popular in such countries.
What might matter most in the U.S. and Canada is how well the BlackBerry 10 platform will work for large enterprises, some of which were burned by the service outage in October 2011 that hit several continents and lasted several days.
Heins said enterprise IT shops are testing the new BlackBerry 10 Enterprise Service, which allows them to see on a single console all BlackBerry users and employees using other smartphones to access corporate networks and apps.
That kind of mobile management allows a company to let employees use their own smartphones in a secure environment while giving the workers "all the flexibility they want," Heins said.
Heins also showed developers how BlackBerry 10 provides new interface capabilities, such as Hub and Flow, and offers further enterprise protections with BlackBerry Balance.
With Hub, a user can decide which elements to put in a single group on the phone's display. The components could include email, BlackBerry Messenger messages or updates from Twitter, Facebook or LinkedIn.
- Studies show Sprint and T-Mobile need to expand U.S. coverage
- Gear Fit: Samsung strikes again with its 'build one of any device' plan
- Nokia Lumia Icon on sale Feb. 20 exclusively at Verizon
- Samsung hints at new UI for upcoming Galaxy S5
- How 'Lenovorola' changes the mobile world
- Google and Samsung grow cozier with patent deal, Motorola sale
- Should Sprint buy T-Mobile?
- iPhone, Samsung smartphone use by U.S. consumers jumps
- A mobile app reality check
- Verizon LTE getting AWS upgrades, even as execs admit to some performance 'hot spots'
- Best iPhone, iPad Business Apps for 2014
- 14 Tech Conventions You Should Attend in 2014
- 10 Desktop Apps to Power Your Windows PC
- How to Add New Job Skills Without Going Back to School
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
- OpenStack Hype vs. Reality: CIO Quick Pulse Open-source architecture can enable IT departments to build infrastructure-as-a-service (IaaS) clouds running on standard hardware.
- The Critical Role of Support in Your Enterprise Mobility Management Strategy Most business leaders underestimate the importance of tech support when they choose an EMM solution. Here's what to put on your checklist.
- Separating Work and Personal at the Platform Level: How BlackBerry Balance Works BlackBerry® Balance™ separates work from personal on the same mobile device, right at a platform level. Find out how it can work for...
- Protection for Every Enterprise: How BlackBerry Security Works Get an IT-level review of BlackBerry® Security, addressing data leakage protection, certified encryption, containerization and much more.
- Live Webcast On-demand webinar: "Mobility Mayhem: Balancing BYOD with Enterprise Security" Check out this on-demand webinar to hear Sophos senior security expert John Shier deep dive into how BYOD impacts your enterprise security strategy...
- Live Webcast Unmasking the Differences between Consumer and Enterprise File Sync & Share The consumerization of IT combined with the rapid pace of the modern mobile workplace is forcing enterprise IT teams to evaluate file sync...
- Live Webcast Workforce Mobilization for Improved Productivity A mobility research director from Aberdeen discusses reasons for extending legacy applications to mobile devices, and an integration strategist from Attachmate shows how...
- Getting Ready for BlackBerry Enterprise Service 10.2 Find out how BlackBerry® Enterprise Service 10 helps organizations address the full spectrum of EMM challenges, while balancing the needs of both the...
- Containerization Options: How to Choose the Best DLP Solution for Your Organization This webcast outlines a framework for making the right choice when it comes to containerization approaches, along with the pros and cons of... All Mobile/Wireless White Papers | Webcasts
As emerging technologies evolve they often find an initial niche in highly specialized scenarios, or in specific industry verticals, before expanding to wider areas of applicability. Within these initial niches, the early adopters can be anything from digital enthusiasts to fashionistas, or they can be folks simply using the technology because it serves a specific need extremely well. (free registration required) more