BlackBerry Bruised on iPhone Concerns

Sadighi, Lalee
June 2008
Red Herring;6/26/2008, p5
Trade Publication
The article reports on the decrease in the price of Research In Motion's (RIM) stock at Nasdaq after the company forecasted second-quarter of 2008 earnings lower than analyst expectations. RIM estimated that its stocks will be priced at 84 cents a share in the second quarter. Such estimates made the company's share to decrease by 13.35 percent. Despite its second-quarter earnings forecast, the company keeps growing with its first-quarter revenue reported to be at $2.24 billion.


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