RIM (RIMM) Put Through the Shredder on Service Revenue Worries
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December 21, 2012 11:49 AM EST
Shares of RIM (NASDAQ: RIMM) declined this morning on fears related to changes in its service revenue model for BB10. Goldman Sachs believes the decline is a result of "misunderstanding". Analysts expect it to decline, not disappear.
"Importantly, we believe there may be a misunderstanding that as a result of the move to BB10, all of RIM's services revenues are... 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
December 20, 2012 4:12 PM EST
(Updated - December 20, 2012 4:14 PM EST)
Research In Motion Ltd (NASDAQ: RIMM) reported Q3 EPS of ($0.22), $0.13 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.66 billion.
Cash increase of approximately $600 million to $2.9 billion.
... More
