Shrinking RIM Inventories Show Further Glimmer of Hope
Research In Motion Ltd.�s inventory levels may be one crucial metric that could determine how well the company is positioned to handle the release of its next-generation BlackBerry devices.
In the quarter ending December 1, RIM shipped approximately 6.9 million BlackBerry devices and 255,000 PlayBook units.
RIM now has about $457 million in inventory in the third quarter of 2012. That�s down from $1.027 billion in the quarter that ended on March 3 and places the company in a better position to get rid of the rest of its BlackBerry 7 devices before the launch of the new BlackBerry 10 models.
Shrinking RIM Inventories Show Further Glimmer of Hope - Canada Real Time - WSJ