Friday, December 2, 2011

RIM says it will miss Q3 guidance, plans to book charge due to poor PlayBook sales

RIM says it will miss Q3 guidance, plans to book charge due to poor PlayBook sales

. Research In Motion announced ahead of the trading day on Friday that it will miss its third fiscal quarter guidance when it reports its earnings later this month. The Waterloo, Ontario-based vendor confirmed that it will not meet the $5.3 billion to $5.6 billion in revenue it guided when reporting its second-quarter earnings, and it said EPS fell in the low to mid range of its forecast.

Boy Genius Report, RIM says it will miss Q3 guidance, plans to book charge due to poor PlayBook sales

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