Research In Motion Tumbles 19 Percent

Shares of Research In Motion Ltd., the Canadian maker of BlackBerry handheld devices, tumbled by 19 percent last Friday as the company announced disappointing quarterly earnings, and a meek sales forecast.
Research In Motion Tumbles 19 Percent
The Canadian company Research in Motion's Facility in Waterloo, Ontario. RIM, maker of Blackberry smartphones, has announced layoffs and share buybacks reporting a drop in quarterly earnings Thursday, June 16. Geoff RobinsAFP/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/102631664.jpg" alt="A view of the outside of Research in Motion Facility in Waterloo, Ontario, July 5, 2010. (Geoff Robins/AFP/Getty Images)" title="A view of the outside of Research in Motion Facility in Waterloo, Ontario, July 5, 2010. (Geoff Robins/AFP/Getty Images)" width="320" class="size-medium wp-image-1797607"/></a>
A view of the outside of Research in Motion Facility in Waterloo, Ontario, July 5, 2010. (Geoff Robins/AFP/Getty Images)
Frank Yu
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