Rhys Blakely
Win a £1500 Raymond Weil watch
The BlackBerry is going from strength to strength in a fiercely competitive field.
Research in Motion (RIM), the group behind the mobile e-mail service and handsets, has 10.5 million subscribers, having added 1.45 million in the past quarter.
It is aiming to add 1.65 million more in the third quarter.
The financials look similarly healthy.
RIM's second-quarter net profit grew to $287.7 million (£141 million) from $140.2 million a year earlier. Revenues more than doubled, to $1.37 billion.
The growth has come despite the launch of Apple’s iPhone, which is the most-hyped device in the smartphone sector, but one hamstrung by a weighty price plan (British users will pay £900 for an 18-month contract), sluggish performance (expect to wait a couple of minutes to download an internet page) and resistance on the part of corporate buyers – many of whom have told workers not even to ask for an iPhone as part of their work package.
Meanwhile, the BlackBerry, once the preserve of high-flying lawyers and bankers, is making strides into the “prosumer” market.
The recently released BlackBerry Curve, for instance, was aimed at the hinterland territory where upwardly mobile types buy high-end devices, capable of sending and receiving e-mails, using their own – and not their employers’ – money.
Groups such as Symbian, which makes smartphone software and is owned by several mobile phone companies, including Nokia, the world’s largest, are following a similar path.
Symbian has focused on cutting prices for its sophisticated software (a license for a single phone can cost about $2.50) to broach the market for middle-range devices.
In a couple of years, the logic goes, nearly every phone will be “smart”.
Indeed, Apple’s rivals say that the massive amount of publicity garnered by the iPhone will work to their advantage by raising the profile of the smartphone sector as a whole.
They would say that, but they could have a point: Americans, in particular, have proved resistant to the charms of all-singing-and-dancing handsets.
By changing that mindset, the iPhone’s ripples could lift the fortunes of companies across the sector.
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
1998
£47,955
2004
£56,950
Essex
Check your free Experian credit report before applying
Car Insurance
£100,000
Barnardos
UK
£123,460 pa
The Law Commission
London
Hampshire County Council
Competitive + bonus + benefits
Manchester United
Central London
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Includes flights, accommodation with room upgrades, transfers city tours in Hong Kong and Bangkok.
PremierHolidays.co.uk
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
Choose from the beautiful landscape and tranquil beaches of Oahu, Kauai, Maui & Big Island.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.