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You are here: Home / BlackBerry / Research In Motion Lowers Q3 Expectations

Research In Motion Lowers Q3 Expectations

December 3, 2008 by Robb Dunewood 4 Comments

I was just listening to SquakBox on CNBC and and it looks like Research in Motion’s quarter is going to be worse than they initially thought it would be.

RIM is expecting it’s quarterly earnings for Q3 which just ended last month to be between 81 and 83 cents per share.  That is down for the 89 to 97 cents per share that RIM guided at the beginning of the quarter.

The market hasn’t opened yet, however, RIM’s stock (RIMM) is down under $35 per share in after hours trading.

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Filed Under: BlackBerry Tagged With: Research in Motion

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Comments

  1. bluehorseshoe says

    December 3, 2008 at 10:17 am

    I saw the same thing on CNBC this AM. I’d be suprised if anyone forecasted higher than what was previously announced. These are interesting times.

    Reply
  2. Richard Ward says

    December 3, 2008 at 1:55 pm

    BUY BUY BUY!

    Reply

Trackbacks

  1. BlackBerry News From The Wire for the Week of 12/1/2008 | BB Geeks says:
    December 4, 2008 at 11:04 am

    […] U.S., you might imagine that they’re not doing as well as expected. They’ve recently lowered expectations for the third quarter. If you’re interested in the exact numbers, they’re now forecasting earnings of between […]

    Reply
  2. areacode603.com » Blog Archive » BlackBerry News From The Wire for the Week of 12/1/2008 says:
    December 9, 2008 at 9:10 pm

    […] U.S., you might imagine that they’re not doing as well as expected. They’ve recently lowered expectations for the third quarter. If you’re interested in the exact numbers, they’re now forecasting earnings of between […]

    Reply

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