• IS provokes sea-change

    It has been a grave mistake to defy both Russia and France, says Leopold Scholtz.

  • Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

All data is delayed
See More

BlackBerry maker loses spot on Nasdaq

Dec 16 2012 16:29

The Pentagon will no longer retain an exclusive contract with BlackBerry maker Research in Motion. (AP)

Related Articles

RIM loses patent dispute with Nokia

SA big driver of BlackBerry sales

BlackBerry maker stages comeback

RIM 'has a heartbeat' - analysts

BlackBerry thanks SA

BlackBerry maker posts $235m loss

Washington - Canadian company Research in Motion, the makers of BlackBerry telephones, will no longer be part of the Nasdaq 100 index, the market operator said Saturday on its web site.

The index - which includes the 100 largest non-financial companies listed on the electronic exchange - said Research in Motion (RIM) was one of ten companies to be removed from the index in its annual revision process.

RIM has seen its star fade over the past several years as it faced stiff competition from the advent of smart phones like the iPhone and others running the Android platform.

Facing difficulties, the company is pinning its hopes on the BlackBerry 10, to be unveiled January 30 - a new generation of phones and operating system.

Among the companies joining the Nasdaq 100 on Monday are, notably, semi-conductor maker Analog Devices and internet infrastructure company VeriSign.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

research in motion  |  blackberry


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote