Saturday, September 29, 2012

News Summary: RIM's loss not as bad as expected

ANOTHER LOSS: BlackBerry-maker Research In Motion posted another large quarterly loss on Thursday, but the hemorrhaging was not as bad expected.

DEVELOPING MARKETS: The Canadian company is still losing market share in North America, where it struggles to compete with Apple's iPhone and phones that run Google's Android software. But it has stepped up sales in developing markets and actually increased its subscriber base and cash position.

STOCK RALLY: RIM's stock surged more than 20 percent in after-market trading on the news.

Source: http://news.yahoo.com/news-summary-rims-loss-not-bad-expected-013720349--finance.html

brian mcknight sbux nfldraft asante samuel salton sea arizona immigration law aubrey huff

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.