Updated Jun. 28, 2012 at 6:35 p.m.
RIM shares plunge 22 percent after the company reported a first-quarter loss of 37 cents a share, excluding some items. Analysts had estimated a 7 cent loss. Sales tumbled 43 percent to $2.8 billion, missing an estimate of $3.05 billion.Copyright 2013 WRAL Tech Wire. All rights reserved.
BlackBerry maker to cut 5,000 jobs, won't discuss RTP plans
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RIM shares plunge 22 percent after the company reported a first-quarter loss of 37 cents a share, excluding some items. Analysts had estimated a 7 cent loss. Sales tumbled 43 percent to $2.8 billion, missing an estimate of $3.05 billion.Copyright 2013 WRAL Tech Wire. All rights reserved.
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