BlackBerry maker hurt by lawsuit
Posted by malebolgia on 06 April 2005 - 18:28 · 6 comments & 1362 views
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Forum name:
malebolgiaContact: via forum PM
Submissions: Normal · Headline
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#1 Posted by zivan56 on 06 Apr 2005 - 18:50
- They shouldnt have paid ****, as the company they paid has no business model. All it does is buy patents and sue people...
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(4 replies)
#2 Posted by CdCViRus on 06 Apr 2005 - 23:45
- good news, i hope RIM burns in hell
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#2.2 Posted by CdCViRus on 07 Apr 2005 - 00:39
- no, not really
i used to study across the street from their buildings
i guess i just don't like their company
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#2.3 Posted by MegaManXcalibur on 07 Apr 2005 - 04:26
- At least your honest.
But investors focused mainly on weaker than expected revenues in the quarter and soft sales forecasts, sending the stock down almost 6 percent in after-hours trade. RIM reported a loss of $2.6 million, or 1 cent per share, in the fourth quarter, ended February 26, compared with net income of $41.5 million, or 23 cents a share, in the corresponding period a year earlier.
Adjusted to exclude a charge of $294.2 million to resolve the NTP litigation and a related tax recovery of $151.6 million, net income was $140.1 million, or 71 cents a share. Revenue at the Waterloo, Ontario-based firm nearly doubled to $404.8 million. Analysts had expected a profit of 65 cents a share before exceptional items, on revenues of $410 million, according to Reuters Estimates.