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RIM has weak second quarter, third quarter looking iffy

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  #1  
Old 09-25-2009
Matthew's Avatar
TechSpot Editor, Community Manager
 
Location: Pennsylvania
Member since: Feb 2008, 4,974 posts
System specs
RIM has weak second quarter, third quarter looking iffy

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.

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  #2  
Old 09-25-2009
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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  
Old 09-25-2009
Matthew's Avatar
TechSpot Editor, Community Manager
 
Location: Pennsylvania
Member since: Feb 2008, 4,974 posts
System specs
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  
Old 09-26-2009
TechSpot Enthusiast
 
Member since: Sep 2006, 255 posts
lets see they did 1 billion more in sales...humm yeah they are in bad shape.
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