Thursday, March 29, 2012

RIM COO and CTO Gone, Balsillie out too [TNW]

This is only going to get uglier
"RIM appears to be searching for a fat lady to start singing as the company misses its Q4 expectations. Blackberry shipments are down 21% from Q3 and the company couldn’t even meet the already-horrid earnings expectations that it had set. Estimates were at $4.54 billion for the quarter, and RIM missed the mark with $4.2 billion, selling a mere 500k Playbook tablets. The bottom line is a $125 million quarterly loss for the company."
RIM COO and CTO Gone, Balsillie out too [TNW]
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