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Posted by : Cyber Freak Thursday, 4 August 2011


TORONTO - RIM (Research In Motion) went on the offensive on August 3, 2011, unveiling two new and powerful versions of its touchscreen BlackBerry Torch, including an all-touch model, as it seeks to regain ground lost to Apple and Google 
.
The new phones, along with an upgrade to its Bold model shown earlier, are part of what the Canadian company called the biggest global launch in its history as it seeks to claw back North American market share from Apple's iPhone and a slew of devices running on Google's Android software.
The refreshed lineup is designed to buy RIM time until it introduces a radically new software package for its smartphones next year.

Investors reacted favorably, pushing RIM's deflated stock price up 5 percent by midday.
"RIM's new BlackBerry smartphones could well be the most important devices in the Canadian smart device vendor's history, following a recent slowdown in device shipments, staff cuts and doubts over the company's strategy and leadership," Ovum analyst Tony Cripps said.
RIM is slashing 2,000 jobs from its global workforce to reduce costs and streamline operations after posting a fall in profit and a dismal earnings outlook in its last quarterly report.
The three touchscreen phones, running on the new BlackBerry OS 7, boast improved screen displays and pack a 1.2 GHz processor from Qualcomm, the most powerful ever for a BlackBerry phone. They also have a dedicated graphics processor that should make video and gaming sharper and more responsive.
The browser is 40 percent faster than the original Torch, RIM's last major phone launch, which hit shelves almost a year ago.

U.S. sales accounted for less than 27 percent of RIM's revenue in the most recent quarter, down from 50 percent a year earlier, as international markets picked up some of the slack.
"What would constitute success for these guys is essentially holding the fort," CCS's Jackson said. "A stop-loss outcome would be a success for these products in developed markets."
Shares of Waterloo, Ontario-based RIM have dropped 65 percent from their peak in February as the company's earnings and outlook missed expectations and its PlayBook failed to dent the iPad's dominance of the tablet market.

All three devices will be launched by carriers around the world by the end of August, RIM said. The slider Torch will be exclusive to AT&T in the United States, the carrier said.
The all-touch Torch is RIM's first attempt at the popular style since two versions of its Storm model failed to excite.

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