More on Research In Motion's FQ2: BlackBerry subs totaled 80M, as forecast. Gross margin was...

|About: BlackBerry Ltd. (BBRY)|By:, SA News Editor

More on Research In Motion's FQ2: BlackBerry subs totaled 80M, as forecast. Gross margin was 26%, down 200 bps Q/Q and 1270 bps Y/Y.  Cash/investments +$100M Q/Q to $2.3B. BlackBerry shipments -5% Q/Q and -30% Y/Y, but better than feared. Operating loss expected for FQ3 (no surprise), but no specific guidance given. R&D expenses nearly flat Q/Q and sales/marketing up 1%, as job cuts get started. RIMM +13.6% AH. CC at 5PM ET (webcast). (PR)