Research In Motion have taken a drop in share price after they reported revenue from the latest quarter which fell short of expectations. They also said that sales in the current three month period are shifting to cheaper models. RIM shares dropped $6.59, or more than 10 percent, at $57.50 …
Read More »Blackberry facing stiff competition, share prices drop
Research In Motion are facing a stiff challenge from competitiors with Bank Of America and Citigroup are looking at alternatives for corporate email. Shares have dropped 3 percent recently as investors worry that the Blackberry smartphone strangehold on corporate communications was being eroded by rival solutions. The banks are testing …
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