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  1. jegs2's Avatar
    CrackBerry Master

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    Thread AuthorThread Author   #1  

    Default Newsvine: Investors shed shares of Blackberry maker

    Link:

    NEW YORK ó Shares of Blackberry maker Research in Motion slumped more than 16 percent Friday with future revenue coming into question and a declining number of subscribers.

    RIM's stock jumped initially Thursday when the Canadian company released better-than-expected third-quarter results and a stronger cash position.

    Shares reversed course during a conference call later, when executives said that the company won't generate as much revenue from telecommunications carriers once it releases the new BlackBerry 10.
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  2. playbookster's Avatar
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    Oh wow this is news!!!!

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