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Research In Motion (RIMM) Fights Back Against Negative PlayBook Rumors

May 20, 2011 12:23 PM EDT
Research In Motion Limited (Nasdaq: RIMM) issued a statement on the BGR report that sales of PlayBook missed a retailer's estimate drastically.

In a statement to StreetInsider.com, RIM said: "the source of the reported comment is anonymous and unknown to RIM, but the comment is certainly inconsistent with the positive feedback we have received from our main retail partners."

RIM also confirmed it will provide a business update on BlackBerry PlayBook results on June 16.

RIM also referenced a recent public statement offered by Best Buy (NYSE: BBY):

"Best Buy has had great success selling BlackBerry smartphones in North America, so our sales expectations for the BlackBerry PlayBook were very high. To date, we have far exceeded those expectations and we're finding that customers are even more interested in purchasing once they've tested the PlayBook in the store."


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