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RIM reported lower than expected Q1 earnings, lowering its expectations for the current period and the rest of the year; at the same time, RIM announced that the 4G BlackBerry PlayBook will be delayed until this fall and announced that job cuts are a possibility... Phone Arena 17 Jun, 2011--
Source: http://www.phonearena.com/news/Bad-news-for-RIM-drops-stock-14-a-poor-earnings-report-and-a-delay-in-the-4G-BlackBerry-PlayBook_id19641
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