Thursday 31 May 2012

RIM warns of Q1 loss

Research In Motion has warned that it expects an operating loss for the current quarter and has hired two investment banks to help it study alternative company strategies that might include licensing its OS. The troubled BlackBerry maker said competitive pressures were hurting its business and that the current quarter, which ends June 2, is likely to end in a loss.

Source: http://www.infoworld.com/d/the-industry-standard/rim-warns-of-q1-loss-194476

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