Research In Motion says on its earnings call (webcast) it expects FQ1 revenue to decline from...

|By:, SA News Editor

Research In Motion says on its earnings call (webcast) it expects FQ1 revenue to decline from FQ4's $4.19B; the consensus is for $4.26B. RIM also expects its gross margin to face ongoing pressure, and FY13 subscriber growth to fall from FY12's level. It also wants to achieve over $1B in annual cost savings through a restructuring program, and plans to abandon most consumer markets. RIMM now down 2.3% AH. (more)