RIM (RIMM) Service Revenue Will Decline, Not Disappear Stresses Goldman
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/7/2026
Go back to RIM (RIMM) Service Revenue Will Decline, Not Disappear Stresses Goldman
December 21, 2012 12:44 PM EST
Shares of Research In Motion Ltd (NASDAQ: RIMM) are under heavy pressure Friday despite third quarter results that topped tepid analyst expectations. Instead of looking at this quarter, investors turned their focus to declining service revenue with the coming launch of BB10 and were quick to lock in recent gains as expectations for the new operating system may have gotten ahead of itself.
With service revenues accounting for 36 percent of overall sales, it is no surprise that comments from the company that... More
December 21, 2012 7:30 AM EST
Research In Motion Ltd. (NASDAQ: RIMM) stock is expected to open lower on Friday after the release of the company's Q3 earnings report. Despite a solid quarter, investors focused their attention on news of lower enterprise service tier and fears that RIM will not receive monthly services revenues for consumer BB10... More
December 21, 2012 7:10 AM EST
National Bank downgraded Research In Motion Ltd. (NASDAQ: RIMM) from Sector Perform to Underperform following Q3 results.
For an analyst ratings summary and ratings history on Research In Motion Ltd.... More
December 21, 2012 7:09 AM EST
CLSA downgraded Research In Motion Ltd. (NASDAQ: RIMM) from Underperform to Sell.
For an analyst ratings summary and ratings history on Research In Motion Ltd. click here. For more ratings news... More
December 20, 2012 4:45 PM EST
Research In Motion's (NASDAQ: RIMM) stock moved higher in after-hours trading on Thursday, following the release of the company's Q3 earnings report. Ahead of the launch of its critical BB10 device next year, investors are closely monitoring RIM's cash position, which for the time being appears stable. In fact, RIM's cash position increased $600 million to $2.9... More
