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RIM has weak second quarter, third quarter looking iffy

Discussion in 'TechSpot News and Comments' started by Matthew, Sep 25, 2009.

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  1. Matthew TechSpot Editor, Community Manager

    Research In Motion had a worse-than-predicted second quarter, and the current period doesn't look especially solid either. Earnings fell to $475.6 million or $.83 per share during the period ending August -- much less than the $1 per share analysts foresaw. This compares to $495.5 million or $.86 per share in the year-ago period.

    Read the whole story
    Matthew, Sep 25, 2009
    #1

  2. Guest

    I wish people would do a little bit of research. $.83 is due to lawsuit settlement charge otherwise it would be $1.03 - oh well apparently growth in 20%+ in no longer worth anything
    Guest, Sep 25, 2009
    #2

  3. Matthew TechSpot Editor, Community Manager

    Yep, it's all in the original article sourced -- a loss is a loss my friend. None of the numbers reported here are wrong, if you can show otherwise, I'll gladly adjust the article accordingly.
    Matthew, Sep 25, 2009
    #3

  4. windmill007 Newcomer, in training

    lets see they did 1 billion more in sales...humm yeah they are in bad shape.
    windmill007, Sep 26, 2009
    #4
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