RIM Beats Expectations In Q3….. Barely

Finally, some good news from the economic front. Research In Motion came out with their Q3 numbers after the market closed on Thursday and barely managed to beat expectations. That’s nothing short of a coup these days. In any case, RIM’s revenue came in at $2.78 billion, up 7.9% from Q2, while net income totaled $396.5 million (adjusted net income stood at $477.3 million). Earnings were $0.83 per share diluted, which beat expectations by $0.01. As for Q4, they are optimistic about their chances. But we will see if they can actually deliver. But if this story is any indication, it sounds like investors like what RIM had to say.

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