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RIM reports Q3 earnings, has seen better times

Dec 16, 2011 Cellpex, United States, Ohio - admin

RIM reported its Q3 earnings yesterday and, dare we say, things are looking far from great for the Canadian giant.

The maker of everything BlackBerry reported a net income of $265 million - a hefty 71% drop from the $911 million it made for the same period last year. The unsatisfactory numbers are mostly due to the $485 million pre-tax provision which the company recorded because of its...

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