Research in Motion has been forced to reduce its forecasts for this quarter after profits and revenue dropped in Q2, resulting in a 15% drop in the Canadian smartphone vendor’s shares on Thursday,Reuters reports. With Google and Apple experiencing huge growth in the smartphone market, the Blackberry maker is due to release new models to compete with the iPhone and powerful Android smartphones but has warned they might not hit US stores until late August, potentially missing the lucrative back-to-school season....

It seems thatApple’s WWDC keynotehad the desired impact for the Cupertino-based company; developers are salivating at the new APIs, consumers can’t wait to get their hands on iOS 5 and Mac OS X Lion operating systems and investors are beginning to doubt products and services provided by its competitors. It seems Apple’s keynote announcements have especially affected Research In Motion (RIM), with the canadian smartphone vendor’s stock falling below $37 – the lowest level since 2007....

At a keynote presentation at the GITEX conference in Dubai, Research In Motion’s Co-CEO Jim Balsillie launched a new social sharing service calledBlackBerry Tag, an NFC-based platform that will help BlackBerry users connect and share content and information with each other. Incorporating it into the next BlackBerry 7 operating system update, BlackBerry Tag will provide an easy way for BlackBerry Curve and Bold smartphone owners to share contacts, documents, web links, photos and other media content by bumping their handsets together....

Canadian mobile giant RIM has announced its latest line of BlackBerry Bold and Torch smartphones, introducing a total of five devices that will all be powered by the company’s latest BlackBerry 7 OS. The smartphone vendor will roll out two new BlackBerry Bold models – the9900 and 9930– each sporting a large keyboard and touch display. The BlackBerry Bold 9900 will be RIM’s thinnest BlackBerry yet, with a thickness of just 10....

Just three weeks afterunveiling five new BlackBerry OS 7-powered Bold and Torch handsets, RIM has todayintroduced three new updates to the BlackBerry Curve familyaimed at the low to mid-range smartphone market; the Curve 9350, 9360 and 9370. The smartphones are remarkably similar, launching as slim, keyboard-centric handsets that have been outfitted with an 800 MHz processor, 2.44-inch 480 x 360 display, an optical trackpad, GPS, Wi-Fi support, and a 5-megapixel camera....