Science News Headlines | Latest Science News Articles – Yahoo! India News: RIM Q3 profit falls; shares drop on outlook

Science News Headlines | Latest Science News Articles – Yahoo! India News Latest Science news headlines from Yahoo! India News. Find science news articles, videos, pictures and in-depth Science coverage from India and around the world.

RIM Q3 profit falls; shares drop on outlook Dec 15th 2011, 21:52 TORONTO (Reuters) - Research In Motion posted a 27 percent drop in quarterly profit on Thursday and said it would ship between 11 million and 12 million BlackBerry smartphones in the weeks around Christmas, the first decline in years for that historically strong period. RIM's already depressed shares shed more than 6 percent in brisk after-hours trade as investors focused on the lackluster outlook for shipments and the high cost the company was paying to stick with its poor-selling PlayBook tablet. RIM turned in a sharp drop in adjusted profit at $667 million, or $1. ...

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