RIM May Miss FYQ1 Estimates, Says Credit Suisse; Further Deterioration Ahead
Posted on June 22, 2012 at 10:22 AM EDT
Credit Suisse’s Kulbinder Garcha this morning reiterates a Neutral rating on shares of Research in Motion (RIMM) in advance of the company’s fiscal Q1 report, due June 28th, warning the results will likely be below Street consensus as the company’s sales of existing BlackBerry devices continue to wither. Garcha is modeling $2.68 billion and a [...]