Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    +1.76 (+2.16%)
     
  • Gold

    2,254.80
    +42.10 (+1.90%)
     
  • Silver

    25.10
    +0.35 (+1.41%)
     
  • EUR/USD

    1.0792
    -0.0037 (-0.35%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • dólar/libra

    1.2623
    -0.0015 (-0.12%)
     
  • USD/JPY

    151.3620
    +0.1160 (+0.08%)
     
  • Bitcoin USD

    70,829.49
    +1,886.56 (+2.74%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

BlackBerry CEO may announce lower-priced phone

BlackBerry CEO may introduce new, lower-priced smartphone at conference

ORLANDO, Fla. (AP) -- The CEO of BlackBerry maker Research in Motion has taken the stage to speak to a packed ballroom at the company's annual three-day conference in Orlando, Fla.

CEO Thorsten Heins' keynote address is the highlight of Tuesday's opening session. RIM unveiled new, versatile BlackBerrys earlier this year after delays allowed Apple and others to dominate the smartphone market.

The BlackBerry, pioneered in 1999, had been the dominant smartphone for on-the-go business people and consumers before the iPhone debuted in 2007 and showed that phones can handle much more than email and calls. RIM faced numerous delays modernizing its operating system. During that time, it had to cut more than 5,000 jobs and saw shareholder wealth decline by more than $70 billion.

Advertisement