Thread: WSJ: RIM to Take $485 Million Charge Related to Tablet
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Old 12-02-2011, 10:44 AM   #1
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WSJ: RIM to Take $485 Million Charge Related to Tablet
http://online.wsj.com/article_email/...jEwNDIyWj.html

Quote:
TORONTO—Research in Motion Ltd. said it would take a $485 million, mostly noncash charge in its fiscal third quarter, after marking down the value of its large inventory of PlayBook tablets. The company also lowered its projection for earnings and revenue for the rest of the year, and warned of falling BlackBerry shipments in the current quarter.
Half a billion loss for the Playbook in one quarter, 3 billion lost by HP on WebOS for the year. But both companies still did report overall profits.
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