RIM announces quarter loss and delay of first BB10 phone, again
RIM announces quarter loss and delay of first BB10 phone, again
It's quite evident that Research In Motion is in a downward spiral that it just can't seem to get out of. In its latest quarter, the Canadian BlackBerry maker lost $518 million and suffered a 33 percent drop in revenue. The overall revenue at $2.8 billion was considerably lower than what analysts had predicted - $3.1 billion. According to RIM, 7.8 million BlackBerry phones and just 260,000 Playbooks were sold in last quarter - a pitiful number for a company that once led the smartphone numbers g [...]Read the entire article
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