John Paczkowski

Recent Posts by John Paczkowski

RIM Takes a Trip to the Woodshed

rimmGood apparently isn’t good enough for RIM investors. The BlackBerry maker reported earnings for its first fiscal quarter that rose 33 percent to $3.42 billion on strong sales. And while that was in line with the Street’s $3.41 billion consensus estimate, the company’s shares slipped nearly five percent in after-hours trading.

How can that be? Research in Motion (RIMM) sold 7.8 million BlackBerries in an abysmal economy. It added 3.8 million new BlackBerry subscriber accounts during the quarter. For its second quarter, RIM expects to earn 94 cents to $1.03 a share on revenue of $3.45-$3.70 billion. What’s not to like about that?

Plenty, apparently. Seems investors find the company’s forward guidance a bit lacking. Analysts forecast earnings of 97 cents a share on revenue of $3.61 billion.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”