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Research in Motion Pays Up for Growth

Posted on June 26, 2008

Research In Motion (RIMM) shares are sharply lower this morning after the Blackberry maker last night reported a slight earnings disappointment for the fiscal first quarter ended in May, and projected much higher than expected operating expenses in the August quarter. A combination of higher marketing expenses to support a wave of new product introductions and rising component costs will combine to pressure margins. The analyst reaction to the results was mixed; more than a few advise buying the stock on today s slide. Here s a rundown on some of the Street s commentary on the stock this...

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analyst , blackberry , earnings