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BlackBerry overtakes iPhone as top selling smartphone in U.S. Q1 2009


According to new market data published today by the NPD Group, The BlackBerry Curve was the top selling smartphone in the U.S. in Q1 2009, regaining the number one spot from Apple’s iPhone.

The NPD report concluded RIM’s total market share for Q1 2009 was up 15% over Q1 2008. The report says RIM now collectively has 50% of the U.S. smartphone market.

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RIM Executives Pay $68M Options Backdating Fines


rimThree Research In Motion (RIM) executives, including co-founder Jim Balsillie agreed to pay a CND $68 million settlement on a stock options backdating scheme. The exectuvies must also pay an additional $8 million in administrative penalties. Mr Balsillie added he and the company were “very, very happy to put this behind [them],” Mr. Balsillie also agreed to give up his post as a director at RIM part of the deal. In case you are not familiar with what options backdating is Read the full story

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