Thursday, December 15, 2011

RIMM Takes Major Tumble in After-Hours After Earnings

Research in Motion, RIMM,  now officially announced earnings and it taking a major tumble in after hours trading:

It announced a big drop in earnings for Q3, in line with a pre-announcement. However, the company issued a lower-than-expected forecast for Q4, indicating more declines in sales of the BlackBerry line

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