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Macintosh News => Apple News => Topic started by: HCK on June 29, 2012, 03:00:52 am



Title: RIM operating at a loss as fiscal 1Q 2013 earnings far worse than expected
Post by: HCK on June 29, 2012, 03:00:52 am
RIM operating at a loss as fiscal 1Q 2013 earnings far worse than expected
         


Canadian telecom Research in Motion took a substantial hit during its first fiscal quarter of 2013 with a non-GAAP loss of $0.37 per share on only $2.81 billion of revenue, numbers that are drastically lower than anticipated results from financial analysts and represent the first net loss for the company since 2004.

 



         

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