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RIM announces two BlackBerry phones, updated OS

Research In Motion (RIM) is attempting to offset poorer-than-expected financial results with the announcement of two additional BlackBerry Bold smartphones and an update to its BlackBerry operating system.

The Bold 9900 and Bold 9930 will feature faster processors than the BlackBerry Torch, which RIM claimed as its primary competition to Apple's iPhone, clocking in at 1.2GHz. They will also pack a 720p camera, universal search support, NFC capability, and Augmented Reality features.

The new phones will run BlackBerry OS 7, the latest version of RIM's mobile operating system, which comes with an updated video chat application and a feature that RIM is calling BlackBerry Balance, which allows secure use of the device both at home and work, without mixing the two.

The announcement comes only days after the smartphone maker issued a profit warning, revealing that its financial outlook for the first quarter would be worse than expected. It now predicts it will bring in diluted earnings per share of $1.30 to $1.37, much lower than the $1.47 to $1.55 it previously forecast. However, it suggested that its full year revenue would be strong on the back of new product launches and some cost-cutting procedures.

The phones will launch some time in the summer.