RIM posts good figures from Q4, but they are below expectations from analysts
Everything looks really good on paper when you look at some of the other big names that have fallen off the ladder and struggling to stay afloat. RIM's stock endured a beating during after-hours as analysts expected RIM to come in at $4.3 billion in Q4 as opposed to the $4.08 they posted – it basically wasn't at level they expected RIM to announce. Even though it would seem they missed the expectations put on by analysts, Co-CEO Jim Balsillie offered some exciting news as he said during an investors conference call, “If you could see the roadmap, you’d be blown away.” This may point to a lot of things like the rumored BlackBerry Slider, OS 6.0, or even a Concierge app that Balsillie slipped out. Despite the great demands to hit expectations, RIM still proved to be profitable and looks to be a strong force in the market as things have already begun to heat up in the mobile world.