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Thumbs Must Hurt
Posts: 78
Join Date: Feb 2007
Location: Omaha, NE
Model: 8330
OS: 4.5.0.131
Carrier: Sprint
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RIM 2nd Quarter NI Up 72%, Shares Drop -
09-25-2008, 04:42 PM
RIM earnings surge on BlackBerry sales
Quote:
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"SAN FRANCISCO (MarketWatch) -- Research In Motion net income soared 72% for its second fiscal quarter on strong sales of its BlackBerry wireless devices. However, the Waterloo, Ontario-based company shares dropped more than 15% in after-hours trading after the company also issued a weaker-than-expected earnings forecast for the current period -- suggesting that expenses will remain high as it tries to launch several new devices. "
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Last edited by jessep28 : 09-25-2008 at 04:45 PM.
Reason: Change Article Quote, Make URL a hyperlink
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