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Fortune names RIM fastest growing company... in the world


It shouldn't come as too much of a surprise that RIM is doing pretty well even in the face of an economic downturn, but it looks like it's been doing really well -- at least according to Fortune, which has just named the Canadian company the fastest growing firm in the world. That's apparently based on a combination of profits, turnover, and investment return over three years which, in RIM's case, translates an 84% growth in profits in the past three years, a 77% growth in revenue, and a total return of 45%. It's also actually the first time RIM has made the list, although that's at least partly due to the fact that Fortune didn't include non-US firms last time around.

LG overtakes Motorola for third place in global handset shipments


Half a year ago, Motorola was still clinging tight to the number three spot in terms of worldwide handset shipments, but boy -- what a difference six months makes. According to numbers compiled by DigiTimes, LG Electronics managed to ship just over 100 million mobile phones in 2008, while Moto checked in with "just" 99.9 million shipped. That makes LG the third largest handset maker in terms of shipments, barely beating out Moto and Sony Ericsson who placed fourth and fifth, respectively. As expected, Nokia and Samsung are still holding down the top two spots, but it's the continued slippage of Motorola that's most significant here. You know what they say about being on rock bottom, right? We bet Motorola's wondering if that mantra applies here.

[Via phonescoop]

Motorola clings to number one spot in US sales, RIM still rocking

Uh oh, Moto. Go 'head with your bad self. Just days after posting a meager profit (but a profit nonetheless) and maintaining your position in third in worldwide mobile market share, along comes a report claiming that you're still numero uno in the United States. While handset sales overall shot up 5.3% here in Q2, Motorola maintained a 26% share and managed to stare down at least a few naysayers. In related news, LG held tight to the silver with 22%, while RIM gained a double-digit market share increase thanks to sales of its oh-so-hot BlackBerry handset. Number nerds, feel free to tap the read link for even more fractions and decimals.

[Via RCRWireless]

Motorola manages minuscule profit, clings to bronze medal

It has been a solid tick since Motorola had a quarterly earnings report that it didn't just send over via the paper airplane method and run for the hills, but the most recent one was actually worth cracking a smile over. After moving more mobiles in North America than it expected too, shares shot up 13% and bullish analysts began to think that the worst was over. Chief Executive Greg Brown noted that Moto will be "adding substantially to its product portfolio" here in the near future, which will hopefully enable it to get a stronger grasp on the number 3 handset maker ranking. During the most recent quarter, the outfit shipped 28.1 million phones to just barely maintain its market share lead over LG, though it remains to be seen if it can keep this up. No pressure Moto, no pressure at all.

[Via RCRWireless]

Samsung 'restructuring' handset division, hints at Armani partnership

In the wake of increased competition from Motorola and Nokia in particular, Samsung is reportedly "restructuring its handset division," which will aim to find "new sources of revenue, realigning businesses, and cut costs." As expected, the move will also involve a number of "personnel reshuffles," but a Samsung spokesman was quoted as saying that there won't be any "forceful" job cuts. Interestingly, we're hearing further details that the firm is indeed courting the idea of partnering with "luxury name brands such as Italian fashion house Armani to develop premium brand phones," and considering just how hot avant-garde mobiles have been of late, we certainly don't think that's a bad idea.

[Via JustAMP]




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