website statistics

RIM is trying to sell one of its two jets in order to bring in some cash and reduce its overall operational costs.

What is the next Gadget you want?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading ... Loading ...

Research-In-Motion, the company behind the once-popular BlackBerry handsets, has been on a downward spiral, trying to shed a lot of employees and stay afloat. The sales of once-loved BlackBerry handset has squarely hit rock bottom in a number of countries including US and RIM is finding it hard to somehow carry on.


The only beacon of hope for RIM remains BlackBerry 10 which is expected to come out on BB handsets sometime during the first quarter of next year. And it is apparently in the hopes of somehow regaining its eminence with BB 10 handsets that RIM is trying hard to sustain itself over time.

The company has shed thousands of jobs and is planning to shed many more. It has also been trying to reduce its operational costs and now, reports say that the company is all set to sell one of its two jets in order to bring in some money as well as cut costs. The jet that is up for sale is a nine-passenger Dassault Aviation SA F50EX. RIM is looking forward to bring in some $6 million to $7 million through this sale.

According to an official statement from RIM, “We’re looking at options with both our aircraft costs and finding ways to reduce our travel while still making sure we keep in close contact with our partners around the world. It’s all part of the effort to find ways to reduce costs and drive efficiencies that Thorsten Heins has talked about.”

It is naturally a wise move by RIM since keeping the jet incurs an average cost of $2.1 million a year. Given the circumstances that RIM is in, it is definitely not the best time to take rides on a private jet. If indeed RIM plans on fighting it till the end in the hopes of making its BB10 platform a success, it needs to secure all possible resources to prepare for just that.

Source: Bloomberg

Buy Cheapest Related Product From Amazon.com


How To Use Online Banking Safely

UCLA Develops World’s Fastest Camera, Detects Cancer Cells In Real Time
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On July 11, 2012(1 year, 9 months ago.)

Recent Search

Recent Tutorials

At the beginning level, many people don't know how to use Gmail properly. For them, a here's a helpful guideline.
Skype now allows you to call directly from your Outlook account. Find the step-by-step installation process from this tutorial.
This tutorial helps you quickly resolve four of the most common problems that occur with Windows XP.
After releasing Look Back, many people didn't like it. So Facebook planned to add an Edit tool to the feature and now you can edit your Facebook Look Back video.
Do you want to record Skype calls but don't know how to do that? Then this guide is absolutely for you. Get inside the article for details.
Do you know that many companies can track you on Facebook? Do you want to know who they are? Do you want to block them?
So you've been planning on replacing your old hard drive with the new drive? This tutorial helps you with a few simple steps.
Bitcoin is a digital currency that has gained extraordinary momentum in the last few months. This tutorial helps you get started with the basics.
Android lockscreen can be secured in a number of ways, some of which are described in this brief tutorial.
This review of iSkysoft Video Converter tells you everything you want to know about this Win 8/7 compatible video/DVD tool. Check the below to learn more details.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook