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Home : December 21 2012 Computer News : RIM reports falling phone sales ahead of BlackBerry 10 launch

RIM reports falling phone sales ahead of BlackBerry 10 launch

December 21, 2012

Research In Motion reported falling unit sales and revenue in its third fiscal quarter as it geared up for the introduction of its BlackBerry 10 OS next month. RIM posted a profit of US$14 million, or $0.03 per share, from continuing operations in the quarter that ended Dec. 1. It sold 6.9 million BlackBerry phones, down from 7.4 million in the previous quarter, and just 255,000 BlackBerry PlayBook tablets. The company expects to lose money in the current quarter and warned sales of its current products, based on BlackBerry 7, could be hurt as customers hold off for BlackBerry 10 phones. RIM will continue to consider price incentives on BlackBerry 7 devices and services to maintain its subscriber base and drive adoption, the company said in a news release. To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2022920/rim-reports-falling-phone-sales-ahead-of-blackberry-10-launch.html
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