Research In Motion expects lower smartphone shipments in Q1
In a note to investors, RBC Capital Markets Managing Director Mike Abramsky echoed a notice from Research In Motion that cut the company’s quarterly outlook citing lower than expected smartphone sales. RIM now expects Q1 revenue “slightly below” original guidance due to pullback in shipments of smartphones and a lower average selling price. Shares of Research In Motion are down over 10% in after hours trading. We exclusively reported that RIM might only announce one handset at the company’s BlackBerry World conference next week, as opposed to most of their upcoming product lineup.
Jonathan S. Geller
Jonathan Geller is the founder of Boy Genius Report, now known as BGR. What began as a column on popular gadget blog Engadget quickly grew into one of the site’s biggest draws, and Jonathan soon detached the wildly popular column to create what has since become the biggest mobile news destination in the world.
![Untethered iOS 5.1.1 jailbreak for iPhone, iPad and iPod touch now available [updated]](http://www-bgr-com.vimg.net/wp-content/uploads/wp-post-thumbnail/BjQaZ7kNeuh6buOfs3Ovq0Ef3d3nryr.jpg)
Leave a Reply