RIM's PlayBook shipments drop in half

15.09.2011

The company expects revenue for its third quarter, ending Nov. 26, to be in the range of $5.3 billion to $5.6 billion. It hopes to ship between 13.5 million and 14.5 million smartphones but did not say how many tablets it expects to ship. For the year, earnings per share should hit the low end of its previous guidance of $5.25 to $6.00, RIM said.

RIM hasn't managed to keep up with advances in smartphones and has lost market share to both Apple and Android phones. It had high expectations for its PlayBook tablet, but that device has been criticized in part for lacking crucial software like an email client and for offering few applications.

The IDG News Service