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RIM Lowers Outlook; Response to Storm "Exceptional"
mocoNews — ... 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 well below analyst forecasts. Instead of the midpoint of analyst expectations which ...

RIM: A Less-Than-Perfect Storm?
Digital Daily — ... today. After market close Tuesday, RIM said revenues for the three months ended November will fall short of its earlier forecast. The BlackBerry maker expects to report Q3 sales of $2.75-2.85 billion, up 65 percent from a year earlier, but less than its earlier outlook of $2.95-3.10 billion. “Initial sales of new products have been very positive, and we believe we have the strongest smartphone portfolio in the industry by far,” RIM co-chief executive Jim Balsillie said in a statement. “However, product-launch timing, general economic conditions and ...

RIM lowers third quarter outlook, touts Storm sales
Engadget — RIM no doubt got a boost of confidence from AvianResearch's sales numbers a few days ago, but it looks to be a bit of a gloomier mood today, as it has been forced to slightly lower its third quarter profit and revenue outlook. Apparently, instead of the previously forecast revenue of $2.95 to $3.10 billion, RIM now says it's expecting to rake in just $2.75 to $2.78 billion, with its adjusted earnings now expected to be 0.81 to $0.83 per share, and not $0.89 to $0.97 per share, as previously forecast. According to RIM's Jim Balsillie, the company is laying most of the ...

RIM lowers third quarter outlook, touts Storm sales
Engadget Mobile — Filed under: Handsets, RIMRIM no doubt got a boost of confidence from AvianResearch's sales numbers a few days ago, but it looks to be a bit of a gloomier mood today, as it has been forced to slightly lower its third quarter profit and revenue outlook. Apparently, instead of the previously forecast revenue of $2.95 to $3.10 billion, RIM now says it's expecting to rake in just $2.75 to $2.78 billion, with its adjusted earnings now expected to be 0.81 to $0.83 per share, and not $0.89 to $0.97 per share, as previously forecast. According to RIM's ...

BlackBerry Storm launches on Telus
pdaBlast! — ... ) Telus has officially launched the BlackBerry Storm on its network and they have a hefty price tag. Telus is selling the Storm for $249.99 with a 3-year contract. Yes, that's a 3-year deal. If you only want to sign a 2-year contract the price jumps to $449.99. If you only want to sign a 1-year contract you'll shell out $549.99, and a contract free purchase is $599.99. That's $600 folks. For that kind of money, the Storm better do jumping jacks. Related Links: Telus Full Story | Comment | Digg This | Email This | Print Version User ...