Friday, March 25, 2011

RIM Warns of Weak Quarter, Adds Android Apps to Tablet - WSJ.com

Confirming speculation on Android app support; I wonder if it’ll be sufficient to warrant a Microsoft lawsuit…

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 10% in after-hours 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 Warns of Weak Quarter, Adds Android Apps to Tablet - WSJ.com

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