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RIM Lowers Outlook; Response to Storm “Exceptional”
moconews.net - 12/3/2008
RIM Lowers Outlook; Response to Storm “Exceptional”
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image In a surprise announcement late Tuesday, Research In Motion lowered its profit and revenue outlook for the third quarter, with Co-Chief Executive Jim Balsillie placing the blame on “product launch timing, general economic conditions and foreign exchange volatility.” The new numbers come in ...
press.rim.com - 12/3/2008
Press Release
— press.rim.com — December 3, 2008 RIM to Offer CAD $1.50 Per Share in Cash for Certicom Offer Price Represents... a Substantial Premium of 76.5% over Certicom’s December 2, 2008 Closing Price Waterloo, ON– Research In Motion Limited (“RIM”) (Nasdaq: RIMM; TSX: RIM) ... (more) Press Release

Comments vote down IntoMobile - Cell Phone News, Information, and Analysis found this 12/3/2008found this
press.rim.com - 12/3/2008
Press Release
— press.rim.com — December 2, 2008 Research In Motion Reports Preliminary Q3 Results Waterloo, ON– Research In Motion Limited (RIM)... (Nasdaq: RIMM) (TSX: RIM) today reported certain preliminary third quarter results for the period ended November 29, 2008 (all figures in ... (more) Press Release

Comments vote down Engadget found this 12/3/2008found this
phonesreview.co.uk - 12/4/2008
RIM fears as BlackBerry Storm fails against Apple iPhone 3G
— phonesreview.co.uk — Research in Motion (RIM) and its badly timed product launch of the BlackBerry Storm has done nothing... for the company’s earnings, the Storm was thought of as BlackBerry’s answer to the Apple (NASDAQ:AAPL) iPhone with its touchscreen, actually ... (more) RIM fears as BlackBerry Storm fails against Apple iPhone 3G

Comments vote down PR News: found this 12/4/2008found this

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Engadget:  RIM lowers third quarter outlook, touts Storm sales

IntoMobile - Cell Phone News, Information, and Analysis:  RIM expects lower profits despite BlackBerry Storm success

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Blog Reactions

RIM lowers third quarter outlook, touts Storm sales
Engadget — ... but it has nothing but good things to say about the Storm, which it says has "experienced particularly strong momentum in recent weeks." It further added that the Storm's first day of sales drew a record number of new net subscribers for the company, and that it also managed to pull in a record number of weekly net subscribers additions in the last week of the third quarter. Those interested in such things can look for the final numbers to be released on December 18th. [Via mocoNews.net] Filed under: Cellphones RIM lowers third quarter outlook, touts ...

RIM expects lower profits despite BlackBerry Storm success
IntoMobile - Cell Phone News, Information, and Analysis — ... $2.75 billion and $2.78 billion, down from the earlier projection of $2.77 billion to $3.10 billion. Furthermore, net subscribership to RIM’s BlackBerry service is now expected to hit 2.6 million new users, dropping from the 2.9 million subscribers expected previously. RIM co-CEO points to “product launch timing, general economic conditions and foreign exchange volatility” as reasons for his company’s lower third quarter expectations. [Via: MocoNews] Related News from IntoMobile: Bad times for Sprint - ...

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BlackBerry-maker hit as subscriber growth slows (Reuters) — Yahoo! News: Personal Technology 12/3/2008
Reuters - BlackBerry smartphone maker Research In Motion Ltd cut its third-quarter profit and revenue outlook well below Wall Street expectations, pointing to slower subscriber growth, weaker margins and sharp currency swings.
Ahead of the Bell: Research in Motion falls (AP) — Yahoo! News: Personal Technology 12/3/2008
AP - Shares of Research in Motion Ltd. declined in premarket trading after the BlackBerry smart phone maker cut its third-quarter profit and sales forecasts, citing the effect of the strong dollar and the weak U.S. economy.
Cell phone market gloom spreads to LG, RIM (Reuters) — Yahoo! News: Personal Technology 12/3/2008
Reuters - Cell phone makers LG Electronics and Research in Motion warned on sales and profit growth on Wednesday, the latest sign a consumer spending spree on expensive gadgets has dried up amid economic gloom.
RIM to offer C$65.6 million to buy Certicom (Reuters) — Yahoo! News: Personal Technology 12/3/2008
Reuters - BlackBerry maker Research In Motion said on Wednesday it plans to offer C$1.50 a share in cash to buy encryption software company Certicom Corp in a deal worth about C$66 million ($52 million).
RIM Wants Canadian Encryption Company for $52M (PC Magazine) — Yahoo! News: Personal Technology 12/3/2008
PC Magazine - BlackBerry maker Research In Motion said on Wednesday it plans to buy Canadian encryption software company Certicom Corp in a deal worth about $52 million.