Though Research In Motion (RIMM) is down 18% AH after a weak FQ2 report, execs tried their best...

|By:, SA News Editor

Though Research In Motion (RIMM) is down 18% AH after a weak FQ2 report, execs tried their best during RIM's CC to give a positive spin, claiming strong uptake for the latest BlackBerrys, and expressing confidence in the PlayBook's future. But it's hard to spin RIM's declining gross margin: it fell 5.2% Q/Q in FQ2, and is expected to fall another 2% in FQ3.