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Mar 29, 2012

RIM Slashes BlackBerry Prices up to 26%

BlackBerry-maker Research in Motion today slashed prices of its handsets by up to 26 per cent as it looks to grab a bigger share of the smartphone market in India. The reduction in prices of handsets comes after the the Canadian company cut prices of its tablet PC PlayBook in December last year.

RIM as a brand has moved from just an enterprise device to as a more consumer device. Be it our services or the product, we have seen a strong uptake by the youth and therefore, to get the devices into more hands, we are cutting the prices, The move will help us tap a wider base of the large market that India is, " RIM India Managing Director Sunil Dutt told.
Research in Motion

Blackberry Device         Previous Price           Reduced Price
Curve 8520                    Rs 10,990                    Rs 8,999        
Curve 9360                    Rs 19,990                    Rs 18,990
Curve 9380                    Rs 20,990                    Rs 16,990
Torch 9860                    Rs 29,990                    Rs 21,990

"These four handsets comprise a bulk of sales in the country, 
it is 60 per cent of the business from India," Dutt said.

According to a CyberMedia study, smartphone shipments touched 11.2 million units in calendar year 2011, recording a year-on-year growth of 87 per cent. While Nokia was the leader in the smartphones segment with 38 per cent share, Samsung followed with 28 per cent share in CY 2011. RIM stood at third place with a 15 per cent share.

Dutt said the company aims to further enhance its presence and leverage the demand for its products.
"The focus is not just on reducing prices, but we want to address a larger number of people and give them the overall experience of BlackBerry. We will continue to focus on bringing locally relevant products, services and applications to Indian consumers," he said.

In December last year, RIM had slashed the price of its PlayBook by more than half to Rs 24,490 for the 64GB version under an offer from the original price Rs 37,990. This was further reduced to Rs 19,990 earlier this month.

A report released by Cybermedia Research indicates 21 per cent market share for BlackBerry PlayBook in India, he added. The price of the 16GB version was however raised marginally to Rs 13,990 from Rs 13,490 (available under the offer). The device was originally launched at Rs 27,990.

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