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By GeekBerry Staff on December 3rd, 2008 at 2:28 am
Filed Under — EditorialNews
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So far, this week’s news is a mix of the bad and the good.

In the first and second categories, Research in Motion reported long after the close last night that it blew its third quarter:

  • Quarterly sales will drop between $2.75-$2.78 billion, below the $2.96 billion consensus and about 9% below its $2.95-$3.10 billion forecast.
  • RIM added 2.6 million new subscribers in Q3, 10% below its 2.9 million forecast.

On a happier note, RIM also announced that on the day its new BlackBerry Storm launched “daily net subscriber account additions reached a record level.” Fine, but if RIM wants to go head-to-head with Apple’s iPhone (and avoid Palm’s fate) they need to deliver products: The Storm is still back-ordered at Verizon Wireless, and the BlackBerry faithful aren’t happy about it.

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“RIM Blows Q3”
  1. The GeekBerry Team
    The GeekBerry Team
    April 10th, 1984  at  4:20 am —

    Be the first to comment, share your thoughts and join the conversation today! ;p

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