Friday, April 29, 2011

BlackBerry maker RIM lowers outlook


Canada's Research In Motion (RIM) lowered its earnings outlook on Thursday on weaker BlackBerry sales, sending its share price sharply lower in after-hours trading.The Waterloo, Ontario-based RIM said that it expects earnings per share of $1.30-$1.37 in the quarter ending May 28, lower than the $1.47-$1.55 forecast just a month ago."This shortfall is primarily due to shipment volumes of