RIM's Q2 surprise: BlackBerry outperforms estimates

09/27/2012 | Reuters · Bloomberg Businessweek · Bloomberg Businessweek

Research In Motion got some good news to report on Thursday, saying it sold 500,000 more BlackBerry smartphones than analysts had expected in the second quarter, largely due to the popularity of the devices in emerging markets. RIM posted a smaller loss than predicted, and cash on hand improved. "Those numbers are very, very positive. RIM has taken a step up the ladder, and they can see where they're going," said Vic Alboini, chairman of investment firm Jaguar Financial.

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Reuters · Bloomberg Businessweek · Bloomberg Businessweek

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