Research in Motion Announces Earnings

Research in Motion (RIMM) announced that it lost $518 million, or 99 cents a share in the most recent fiscal quarter versus a profit of $695 million, or $1.33 per share, in the same period last year. Excluding one time impairment charges, the latest loss was 37 cents per share, while analysts were expecting a loss of 3 cents.

Market News Video | June 29, 2012

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