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TechSpot

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
  2. 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
  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.
  4. windmill007 Newcomer, in training

    lets see they did 1 billion more in sales...humm yeah they are in bad shape.
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