During its annual shareholder meeting last week, BlackBerry device maker Research In Motion outlined plans for international expansion as well as investments in new handsets and software. RIM co-CEO Jim Balsillie said it hopes to extend BlackBerry service into markets including Russia, Latin America, China and Southeast Asia, countering investor and analyst concerns the firm will be unable to sustain its history of expansion. Last month, RIM posted a profit outlook that fell shy of expectations despite more than doubling its quarterly earnings. RIM added it will also introduce new devices and applications as well as bolster R&D spending.
For more on RIM's outlook:
- read this DailyTech article