BlackBerry
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RIM ups Q1 revenue and profit but sales disappoint
BlackBerry maker Research In Motion has reported strong first-quarter growth in revenue and profit, but sales missed company forecasts amid concern the vendor is struggling to keep pace with rivals such as Apple. Revenue for the three months ended May 29, 2010, increased 24 percent year-on-year to US$4.24 billion but this was below the company’s own forecast of US$4.25 billion to US$4.45 billion.
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