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Reuters: RIM's outlook disappoints as costs increase

Started by chris, September 26, 2008, 02:01:34 AM

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chris

RIM's outlook disappoints as costs increase
      


TORONTO (Reuters) - Research In Motion  warned on Thursday that profit in the current quarter would come in lower than analysts had expected because of higher costs related to its newest BlackBerry smartphones, sending its shares down nearly 20 percent.
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