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

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.
Comments (1)
  • nafar
    , contributor
    Comments (225) | Send Message
     
    The gross margins are still high. What is needed is quantum jump in shipments of smart phones and tablets. The Company should grow profit by minimum 10% every year with suitable adjustment in quantum increase and lower gross margin. What more is needed is to faster bring new products.
    18 Sep 2011, 11:29 PM Reply Like
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