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May 30, 2012, 01.55 PM IST

RIM hires bankers for strategic review, forecasts Q1 loss

Research In Motion Ltd has hired bankers for a far-reaching strategic review and to look for partnerships as the BlackBerry-maker warned it would likely report a shock fiscal first-quarter operating loss.

Source: Reuters
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RIM hires bankers for strategic review, forecasts Q1 loss
Research In Motion Ltd has hired bankers for a far-reaching strategic review and to look for partnerships as the BlackBerry-maker warned it would likely report a shock fiscal first-quarter operating loss.


RIM virtually invented the concept of on-your-hip email with its first BlackBerry devices, but now finds itself struggling badly in the smartphone market as it trails far behind Apple Inc

Tags: Research In Motion, BlackBerry
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