Tuesday, October 2, 2012

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

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

RIM may have given us hope that its transition to BlackBerry 10 has turned a corner, but that doesn't mean the dark clouds have entirely broken just yet. The company's second fiscal quarter saw it generate $2.9 billion in revenue, a slight gain over last quarter, while it posted a net loss of $235 million - again better than expected, but not the best news it could deliver. Waterloo's main challenge was holding on to its smartphone base.

Engadget , RIM posts Q2 earnings: $2.87 billion in revenue, softer $235 million loss, RIM posts Q2 earnings: $2.87 billion in revenue, softer $235 million loss