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RIM plans multimedia device for consumers

08 Sep 2006
00:00
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Research In Motion (RIM), the maker of Blackberry email devices popular among executives, is pushing into a wider consumer market with the Pearl, its first phone with a camera and music player, a Reuters report said.

The Reuters report said RIM plans to launch the device with T-Mobile USA, the No. 4 U.S. wireless service, on September 12 and expects a number of other carriers to start selling the product this month and in October, according to RIM co-chief executive Jim Balsillie.

'It's going to be a main product for us in all our markets,' Balsillie said in an interview, adding that the majority of RIM's more than 170 operator customers are very interested in selling the Pearl.

The phone has been widely anticipated and investors, viewing the expansion beyond a predominantly business customer base as a potential boost for RIM's revenue growth, have pushed RIM's share price up 23% in the last month.

According to IDC, Blackberry leads the US market for smart phones, which have computer features such as email, but rivals such as the Treo from Palm and the Q from Motorola already sport cameras and media players.

The Reuters report said as service providers around the world peg hopes for future growth on services such as music and video downloads, RIM is hoping to jump on the bandwagon with a device that has a 1.3 megapixel camera, a video and music player and a slot to add extra storage space, as well as its popular email feature.

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