Snippet: RIM is in Bad Shape ☇

Shared on March 29, 2012

Glad they are finally realizing what everyone else knew:

  • Revenue of $4.2 billion, down 19% from the third quarter
  • GAAP net loss in Q4 of $125 million or $0.24 per share diluted; adjusted net income of $418 million or $0.80 per share diluted
  • BlackBerry smartphone shipments of 11.1 million in Q4, down 21% from Q3
Snippets are posts that share a linked item with a bit of commentary.