RIM (RIMM) Q3 Loss Smaller as Cash Pile Grows; Co. Gears up for BB10
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Supply Chain Confident RIM (RIMM) Has Winner in BB10
December 24, 2012 7:58 AM ESTResearch In Motion (Nasdaq: RIMM) thinks its upcoming BlackBerry 10 (BB10) operating system will be a hit. Supply chain vendors are starting to agree.
Last week, RIM released quarterly results which largely came in better than expected. In addition, the Waterloo, Ontario-based... More
RIM (RIMM) Put Through the Shredder on Service Revenue Worries
December 21, 2012 12:44 PM ESTShares of Research In Motion Ltd (NASDAQ: RIMM) are under heavy pressure Friday despite third quarter results that topped tepid analyst expectations. Instead of looking at this quarter, investors turned their focus to declining service revenue with the coming launch of BB10 and were quick to lock in recent gains as expectations for the new operating system may have gotten ahead of itself.
With service revenues accounting for 36 percent of overall sales, it is no surprise that comments from the company that... More
RIM (RIMM) Service Revenue Will Decline, Not Disappear Stresses Goldman
December 21, 2012 11:49 AM ESTShares of RIM (NASDAQ: RIMM) declined this morning on fears related to changes in its service revenue model for BB10. Goldman Sachs believes the decline is a result of "misunderstanding". Analysts expect it to decline, not disappear.
"Importantly, we believe there may be a misunderstanding that as a result of the move to BB10, all of RIM's services revenues are... More
RIM (RIMM) Goes For Broke With BB10
December 21, 2012 7:30 AM ESTResearch In Motion Ltd. (NASDAQ: RIMM) stock is expected to open lower on Friday after the release of the company's Q3 earnings report. Despite a solid quarter, investors focused their attention on news of lower enterprise service tier and fears that RIM will not receive monthly services revenues for consumer BB10... More
National Bank Downgrades Research In Motion Ltd. (RIMM) to Underperform
December 21, 2012 7:10 AM ESTNational Bank downgraded Research In Motion Ltd. (NASDAQ: RIMM) from Sector Perform to Underperform following Q3 results.
For an analyst ratings summary and ratings history on Research In Motion Ltd.... More
CLSA Downgrades Research In Motion Ltd. (RIMM) to Sell
December 21, 2012 7:09 AM ESTCLSA downgraded Research In Motion Ltd. (NASDAQ: RIMM) from Underperform to Sell.
For an analyst ratings summary and ratings history on Research In Motion Ltd. click here. For more ratings news... More
UPDATE: Canada Now Accounts for Less than 5% of RIM's (RIMM) Revenue
December 20, 2012 5:03 PM EST(Updated - December 21, 2012 9:50 AM EST)
Some bits and pieces from Research In Motion's (Nasdaq: RIMM) latest quarterly filing:
* BlackBerry shipments fell about 51.1 percent to 6.9 million units from last quarter. RIM shipped 7.4 million units in the last quarter.
* Subs rose over 5 percent to 79 million, though the number is down about 1 million from Q213.
* Notably, Playbook tablet shipments nearly doubled... More
