Friday 30 March 2012

RIM's first loss in 7 years dims outlook further: analysts

[unable to retrieve full-text content](Reuters) - Research in Motion faces a tough year ahead as competition heightens for its products, warned analysts as they slashed price targets on the stock, after the company posted a loss and said BlackBerry shipments fell for the holiday quarter. On Thursday, RIM recorded its first quarterly loss since the fourth quarter of fiscal 2005 and said it would no longer issue financial forecasts. ...

Source: http://news.yahoo.com/rims-first-loss-7-years-dims-outlook-further-110346908.html

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