Research in Motion
will announce its fiscal year Q4 2012 earnings on Thursday, March 29. This will be the company?s first quarterly earnings announcement with its new CEO, Thorstein Heins, at the helm. The company has been missing expectations so regularly over the past few quarters that the markets are not expecting much this time. While we do not expect a turnaround in its results just yet, if the company does manage to keep its revenues within its guidance of $4.6-$4.9 billion, we may see some optimism return to the stock. The Blackberry maker has lost over 75% of its market value in the past year as increasing competition from Apple and Samsung, among others, has eaten away its smartphone market share causing revenues to decline.
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