Kara Swisher

Recent Posts by Kara Swisher

Will RIM Not Disappoint Again This Quarter?

After a series of increasingly disappointing quarterly earnings announcements, Wall Street is hoping that Research in Motion will deliver better results today.

The Canadian phone maker — most famous for its iconic Blackberry devices — will be reporting its second-quarter earnings after the markets close later today.

Analysts are predicting earnings of 87 cents a share for the period, which is within RIM’s own guidance range of adjusted profit — between 75 cents and $1.05 per share.

Higher would be better, based on the hope that sales of its most recent smartphones with the Blackberry 7 operating system, and also its lackluster PlayBook tablet, will help its results after a downward slide that has been painful.

That’s been especially tough, since both Apple’s iOS and Google Android are surging ahead in the mobile market.

RIM hopes to also get a boost from the first phone using the QNX operating system it bought last year.


Latest Video

View all videos »

Search »

The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald