Research In Motion (RIMM) slashes its FQ3 earnings and revenue targets, one day after Palm...

|By:, SA News Editor

Research In Motion (RIMM) slashes its FQ3 earnings and revenue targets, one day after Palm (PALM) sent smartphone shares reeling. Sees EPS of $0.81-0.83 vs. $0.91 consensus and revenue of $2.75-2.8B vs. $2.94B. Shares -5%.