Research In Motion Cuts Subscriber Forecast on Delays Update7
Posted on Wednesday, November 23 @ W. Europe Standard Time |
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Research In Motion Ltd., maker of the BlackBerry phones and pagers, lowered its forecast for new subscribers as the company failed to introduce products on time and a lawsuit threatened to shut down its service...
Research In Motion Ltd., maker of the BlackBerry phones and pagers, lowered its forecast for new subscribers as the company failed to introduce products on time and a lawsuit threatened to shut down its service. Subscriber growth will be 8 percent less than the company expected this quarter, Waterloo, Ontario-based Research In Motion said today in a statement. The company, whose 4 million BlackBerry users include President George W. Bush, also will trail estimates by 3 percent next quarter.
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