RIM posts Q2 loss of $235M, beats expectations

27.09.2012

Noting that subscribers inceased by two million, and RIM's cash on hand is strong, Jack Gold, an analyst at J. Gold Associates, said he was also encouraged that RIM is selling devices at "roughly the same clip.... So while things are still very challenging for RIM, they are in no immediate danger of going under. They seem to have stabilized."

Given the quarterly results, he said the earnings numbers "seem to suggest RIM can easily hold on until BlackBerry 10 is here."

The company has said it is on track to launch BlackBerry 10 smartphones in the first quarter of 2013.

Matt Hamblen covers mobile and wireless, smartphones and other handhelds, and wireless networking for Computerworld. Follow Matt on Twitter at or subscribe to . His email address is .

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