Friday, December 17, 2010

Research in Motion (Nasdaq:RIMM) Gives 2012 Guidance

Research in Motion (Nasdaq:RIMM) is in the battle of their corporate life as competitors continue to chisel away at the former formidable foe.

But taking into account the guidance given by RIM for full year 2012, they look like they're going to continue to compete, as they see gross margins coming in at the low 40 percent range.

In the near term, they see fourth quarter sales as measure in units coming in at a range of 14.5 to 15 million.

For the quarter ending November 27, RIM said the shipped 14.2 million BlackBerrys, and earnings soared by 45 percent.

Research in Motion closed at $59.24, up $0.06, or 0.10 percent.

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