RIM results "smashed" expectations
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BlackBerry maker Research In Motion   Ltd. RIMM.O RIM.TO breezed past investor and analyst   expectations in delivering its second-quarter results on   Thursday and forecast strong growth in subscribers for the   future, sending its shares soaring in after-hours trade.
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Decent first-quarter results gave way to horribly disappointing projections for the second quarter.
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Slot manufacturer gets pummeled after releasing profit warning.
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Research In Motion (RIMM ) posted second-quarter earnings per share of 36 cents, vs. 1 cent one year earlier, on a sharp revenue rise.
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&quot;The cycleâs peaking. Weâre not going to have growth like we had the rest of the year.&quot; - APJIT WALIA, ANALYST, RBC CAPITAL MARKETS.
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Analysts have heaped upgrades and praise on RIM in recent weeks in wake of strong growth, both in profit and in subscribers.
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Wall Street gets itself wrong again: investment firm beats expectations by a wide margin.
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A peek at companies that overpromised and underdelivered.
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BlackBerry mobile data services were disrupted Monday afternoon due to a problem with Research In Motion&#39;s infrastructure, apparently affecting customers of all major North American mobile operators, an AT&amp;T Wireless spokesman said.RIM told AT&amp;T the problem began at about 3:30 p.m. Eastern Time and that the Waterloo, Ontario, company was working to identify and solve the problem, said AT&amp;T spokesman Mark Siegel. RIM officials were not immediately available for comment.After 6 p.m. Eastern, users on a BlackBerry Internet message board began reporting that service had returned to normal.The popular smart phones rely on both a cellular network for transport and RIM&#39;s own network for pushing e-mail to end-users. Last month, problems with AT&amp;T&#39;s network disrupted service to some of its subscribers with BlackBerrys, as well as iPhone users.Several users on various mobile networks reported connection problems on Monday afternoon on the message board.BlackBerry users may not be able to send or receive messages, browse the Internet, or use the BlackBerry Internet Service Web site, according to a message from RIM that some users on the board posted. In addition, BlackBerry Enterprise Servers may not be able to connect to RIM&#39;s infrastructure, and carriers and resellers may not be able to create accounts or provision services, the notice said. The outage happened because &quot;a component of the network infrastructure is experiencing a service interruption.&quot;Zenprise, a maker of service management software that monitors BlackBerry service and notifies administrators of problems, detected the outage and notified customers at 3:23 p.m. Eastern, according to Ahmed Datoo, Zenprise&#39;s vice president of marketing. After running a series of tests, Zenprise determined that the root of the problem was in RIM&#39;s infrastructure. The Fremont, California, company, which counts about 100 enterprises and SMBs among its customers, has not determined the total scope of the outage. BlackBerry service for Zenprise&#39;s own customers has been going up and down during the outage, Datoo said.
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Now head to head with Microsoft After dominating the enterprise mobile email space with the BlackBerry solution for so many years, RIM is no longer the only serious game in town. Despite a number of false starts, arch-rival Microsoft now appears to have closed the gap, at least in terms of forward looking commitment.â¦
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Don't fall for overly high yields.
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Backdating to the Future Research In Motion today placed a 'preliminary' tag beside its Q2s, warning that the results could restated, subject to an audit of option grants, also announced today.â¦
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AMHERST -- It's hard to know how to interpret yesterday's 70-67 victory by the University of Massachusetts men's basketball team over Davidson.
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There will be furrowed brows over at Research in Motion Ltd (RIM), the Canadian company behind the ever-popular wireless email device, BlackBerry.
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Comment is free: Jenni Russell: No wonder the Sats pilot results have been held back: they will only bring more proof of the damage this approach causes
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Some still question the vehicle's chances of success, despite a boost from India.
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It's a different quarter, but the letdown looks the same.