Reuters: Technology News: BlackBerry maker posts loss; shakes up head office

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

BlackBerry maker posts loss; shakes up head office Mar 29th 2012, 21:31 Tweet Share this Email Print Related News Instant View: RIM posts loss as BlackBerry slips further 5:07pm EDT BlackBerry maker trims senior staff: report 5:02pm EDT 1 of 2. A BlackBerry handset is displayed in Washington, in this December 15, 2011, file photo. Credit: Reuters/Jonathan Ernst/Files TORONTO | Thu Mar 29, 2012 5:07pm EDT TORONTO (Reuters) - Research In Motion said on Thursday several senior executives resigned as the BlackBerry maker posted a quarterly loss, stung by slipping smartphone shipments and limited deliveries of its poor-selling PlayBook tablet. The company reported a fiscal fourth-quarter loss of $125 million, or 24 cents a share, as it booked writedowns on its BlackBerry 7 phones and goodwill. On an adjusted basis, net income dropped to $418 million, or 80 cents a share, on revenue of $4.19 billion in new CEO Thorsten Heins' first quarter as chief executive. A year ago it earned $934 million, or $1.78, on revenue of $5.56 billion. Analysts, on average, had expected RIM to earn 81 cents a share on revenue of $4.54 million, according to Thomson Reuters I/B/E/S. The company shipped 11.1 million BlackBerrys and more than 500,000 PlayBooks in the three months to March 3. (Reporting by Alastair Sharp in Toronto) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions