BlackBerry maker Research in Motion hopes that launching 7 new phones will help boost its declining profits.

BlackBerry maker Research in Motion co-chief executive Jim Balsillie says the company plans to launch seven new smartphones running its next-generation operating system in coming months – but admitted to shareholders that the company faces challenges as it tries to hit that target. Speaking at RIM’s annual meeting on Tuesday, Balsillie said that there had been delays in releasing the new OS, but that the new phones would enable RIM to stay on track to meet its financial guidance for the year. Guardian

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