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Research In Motion (RIMM) lowers Q1 guidance to $1.37-1.45 vs. $1.48 consensus, citing weak...

Apr. 28, 2011 4:23 PM ETBlackBerry Limited (BB) Stock, BB:CA StockBBBy: Eli Hoffmann, SA News Editor2 Comments

Research In Motion (RIMM) lowers Q1 guidance to $1.37-1.45 vs. $1.48 consensus, citing weak BlackBerry shipments "that are now expected to be at the lower end of the range of 13.5-14.5 million" it predicted in March, and "a shift in the expected mix of devices shipped towards handsets with lower average selling prices." Shares halted.

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