Thursday, 27 September 2012

RIM posts Q2 earnings: $2.87 billion in revenue, still a $235 million loss

Research in Motion headquarters

RIM might have provided us with hope that it is transition to Rim 10 has switched a large part, but that does not mean the dark clouds have entirely damaged at this time. The business's second fiscal quarter first viewed it generate $2.9 billion in revenue, a small gain over last quarter, although it published a internet lack of $235 million -- again much better than expected, although not the very best news it might deliver. Waterloo's primary challenge was holding onto its smartphone base. While RIM did expand the entire Rim users list to 80 million, its phone deliveries dropped from 7.8 million to 7.4 million and were braced by deliveries of just 130,000 PlayBooks, or half as numerous pills as were shipped early in the year.

The sun's rays is mainly based in the total picture. RIM states will still be on the right track to provide the very first Rim 10 phones at the begining of 2013 as the smartphone maker is bracing to have an operating reduction in its ongoing third quarter, the greater revenue and reduced deficits suggest to Boss Thorsten Heins that RIM gets its fiscal house so as before Rim 10 (hopefully) renews interest. Full particulars from the company's financial performance can be found following the break.

Continue reading through RIM posts Q2 earnings: $2.87 billion in revenue, still a $235 million loss

Filed under: Cell phones, Pills, Mobile

RIM posts Q2 earnings: $2.87 billion in revenue, still a $235 million loss initially made an appearance on Engadget on Thu, 27 Sep 2012 16:09:00 EDT. Please visit our terms to be used of feeds.

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