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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Saturday, April 30, 2011

RIM Warns of Sales Shortfall

Research in Motion said that it expects its shipments of BlackBerry smartphones in the quarter ending May 28 to be at the lower end of the range of 13.5 million to 14.5 million it forecast in March.

RIM added that lower-than-expected average selling prices are expected to result in revenue that is slightly below the range of 5.2 billion to 5.6 billion US dollars it forecast on March 24 for the quarter. However, the Waterloo, Ontario-based company said it expects shipments of its BlackBerry PlayBook in the quarter to continue to be in line with it previous expectations. source: RIM statement 
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