RIM Beats Expectations, Shorts Chrushed, Sentiment Still Dismal

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By , September 27, 2012

Briefly, RIMM blew out expectations today with 2.9B in revenues and an adjusted net loss narrowed to .27/share. Expectations were for .47/share loss on 2.45B in revenues. Blackberry sales were stronger than expected and the company added 100M in net cash.

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