Newsvine: Investors shed shares of Blackberry maker
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.March of the Smartphones: Handspring Visor with Digital Link > Handspring Treo 600 > Sprint PPC 6700 > Palm Centro > Blackberry Tour 9630 > Blackberry Bold 9650 > Blackberry Torch 9850 > Palm Treo 755p > Blackberry Bold 9930 > iPhone 4s (issued by work) > Palm Treo 755p > BlackBerry Bold 9930 > BlackBerry Q10
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