Research In Motion expects lower smartphone shipments in Q1

AWS

AWS

CHF Owner
Joined
May 18, 1998
Messages
22,133
Location
Florida U.S.A.
79e125ff253f1bf3b6cf5f3144a1210f.jpeg



In a note to investors, RBC Capital Markets Managing Director Mike Abramsky echoed a notice from Research In Motion that cut the company’s quarterly outlook citing lower than expected smartphone sales. RIM now expects Q1 revenue “slightly below” original guidance due to pullback in shipments of smartphones and a lower average selling price. Shares of Research In Motion are down over 10% in after hours trading. We exclusively reported that RIM might only announce one handset at the company’s BlackBerry World conference next week, as opposed to most of their upcoming product lineup.







Via BRG - Boy Genius Report
 
Back
Top