These are troubled times for Research In Motion. The BlackBerry-maker announced its latest quarterly financials last night, and the big dip in its share price afterwards reflected investors’ continued unease at the company’s strategy. RIM’s revenues for its fiscal first quarter were down 12% year-on-year to $4.9 billion, as it shipped 13.2 million BlackBerry smartphones and 500,000 PlayBook tablets (note: shipped, not necessarily sold – something common to most announcements from handset makers).Read more:http://tinyurl.com/5wteprq
BlackBerry still on the skids with disappointing results
