Science News Headlines | Latest Science News Articles – Yahoo! India News: RIM offers dismal outlook, shares tumble

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 offers dismal outlook, shares tumble Dec 15th 2011, 22:47 TORONTO (Reuters) - Research In Motion posted a 27 percent drop in quarterly profit on Thursday and provided a dismal outlook for BlackBerry shipments in its historically strong Christmas period, sending its shares tumbling. RIM's shares shed more than 6 percent in after-hours trade as investors fretted about the weak performance of a line of improved BlackBerry 7 smartphones in the holiday season and the high cost RIM is paying to stick with its poor-selling PlayBook tablet . ...

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