Rim Warns Of Operating Loss, Layoffs To Come

RIM

TORONTO (AP) -- Struggling BlackBerry-maker Research in Motion warned Tuesday that it will have an operating loss in its current March-June quarter and said there will be significant layoffs this year....

Sections:  news   business   
RELATED ARTICLES
  • Top Editors Abruptly Leave Village Voice
    Will Bourne, who became editor in chief of The Village Voice in November, and Jessica Lustig, the deputy editor since January, are leaving the weekly publication. They met with the staff at 11 a.m. on Thursday and said that Christine Brennan, executive editor of Voice Media Group, had instructed them to lay off or drastically reduce the roles of five employees on the 20-person staff. More
  • HTC Expects Brighter Second Quarter
    Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
  • Mobile Efforts Help Propel Facebook’s Earnings
    Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
  • All Eyes On Facebook's Mobile Growth And Graph Search Progress
    Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More
  • Consumers' shift to older iPhones raises concerns on Wall Street
    So many consumers are opting to buy older iPhone models that some analysts wonder whether Apple has lost its ability to create new versions that dazzle. How strange to think that Vicki Macchiavello's decision to buy an iPhone after years of using a BlackBerry could be bad news for Apple. More
BING NEWS:
  • Indiana system reports $108.5M operating loss, -4.1% margin
    Indianapolis-based Community Health Network reported a $108.5 million operating loss (-4.1% margin) for the nine months ending Sept. 30, down from a $12.6 million operating gain (0.5% margin) during ...
    01/3/2025 - 1:53 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News