From BlackBerry Planet Web Support
- March 5, 2007 - RIM takes a $250-million US accounting charge for issuing stock options at less than fair market value. Co-CEOs Mike Lazaridis and Jim Balsillie agree to pay the company up to $5 million each toward the cost of its accounting review. The two, plus many other RIM execs, repay gains from the improperly priced options. The Ontario Securities Commission and the U.S. Securities and Exchange Commission investigate RIM's option grants.
- Oct. 4, 2007 - RIM announces that its BlackBerry subscriber list has passed the 10-million mark.
- Oct. 23, 2007 - Alcatel-Lucent announces an agreement to distribute BlackBerry smartphones in China. The news sends RIM shares up eight per cent, making RIM the most valuable company in Canada, based on market capitalization. Its $68-billion market worth briefly eclipses Royal Bank's during intraday trading on the TSX. RIM's shares are up 150 per cent since the start of the year.
- Nov. 5, 2007 - RIM unveils BlackBerry Professional software, which allows a company's e-mail server to transmit to the devices, is aimed at companies with 30 or fewer people. Smaller businesses previously had to shell out for separate server computers to perform the same function.
- Dec. 12, 2007 - RIM opens its first BlackBerry-branded store in the Detroit suburb of Farmington Hills, Mich., in conjunction with U.S. cellphone retailer Wireless Giant. The store sells BlackBerry devices, accessories and software, and service plans from all the major U.S. providers, including AT&T, Verizon Wireless, Sprint Nextel and T-Mobile.
- Dec. 21, 2007 - RIM said it added another 1.65 million subscribers in its third quarter, pushing its total subscriber base to 12 million. Revenue doubled to $1.67 billion.
SOURCE: RIM, CBC, Various
