Morgan Stanley cuts estimates for Research in Motion's (RIMM +1.6%) FQ4 ending this month,...

|By:, SA News Editor

Morgan Stanley cuts estimates for Research in Motion's (RIMM +1.6%) FQ4 ending this month, citing sources saying BlackBerry production fell dramatically last month that could cause the company to miss its shipment target. Shipments are likely to come in at 9.6M, down from the firm's prior forecast of 11.5M and below RIM's own forecast of 11M-12M.