The Canadian phone maker — most famous for its iconic Blackberry devices — will be reporting its second quarter earnings after the markets close later today.
Analysts are predicting earnings of 87 cents a share for the period, which is within RIM’s own guidance range of adjusted profit of between 75 cents and $1.05 per share. Higher would be better, based on the hope is that sales of its most recent smartphones with the Blackberry 7 operating system and also its lackluster PlayBook tablet will help its results, after a downward slide that has been painful.
Here is a look at RIMM's weekly chart:
No comments:
Post a Comment