RIM (RIMM) Service Revenue Will Decline, Not Disappear Stresses Goldman
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
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) 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
RIM (RIMM) Q3 Loss Smaller as Cash Pile Grows; Co. Gears up for BB10
December 20, 2012 4:45 PM ESTResearch In Motion's (NASDAQ: RIMM) stock moved higher in after-hours trading on Thursday, following the release of the company's Q3 earnings report. Ahead of the launch of its critical BB10 device next year, investors are closely monitoring RIM's cash position, which for the time being appears stable. In fact, RIM's cash position increased $600 million to $2.9... More
