RIM Appeal Rejected, Stock Price Falls

1:21 am on October 9, 2005 | Category: Business, Law, Mobile Devices

The Waterloo, Ontario-based Research in Motion fell a further 4%, to $75.93, after US courts ruled against their appeal of a recent patent dispute ruling.

The company’s shares have performed very poorly in recent days, due to rulings restricting them from selling their popular BlackBerry email devices in the United States.

This will likely not be the end of the ongoing dispute; however, as RIM is still pursuing other avenues of appeal, as well as filing challenges with the US patent office.

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    1. [...] Since last month’s intense optimism among Research in Motion executives, the company has run into a number of difficult obstacles in recent weeks. But the Waterloo, Ontario-based RIM has now struck a deal with their main hardware rival, Palm. [...]

      Pingback by RIM Gets Unexpected Help from Palm » Telecommunications Industry News — October 18, 2005 #

    2. [...] The American government has expressed concerns regarding the ongoing patent infringement case against Ontario-based Research in Motion, and its popular BlackBerry mobile computing device. [...]

      Pingback by US Government Concerned about RIM Lawsuit » Telecommunications Industry News — November 12, 2005 #

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