News
Yep, RIM stunk it up in the third quarter
Thu, 12/15/2011 - 11:55am
Research In Motion reported declining profits and revenue in the third quarter as it continues its downward spiral.
For its fiscal third quarter, the Canadian mobile devices maker reported (PDF) a profit of $265 million, or 51 cents a share, compared with a year-earlier profit of $911.1 million, or $1.74 a share. Excluding one-time charges, including one taken for its unsold PlayBook tablets, the company earned $667 million, or $1.27 per share.
