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What: Research In Motion
So what: Although first-fiscal-quarter EPS of $1.33 was in line with April's lowered guidance, revenue fell short of the consensus forecast -- and management's April guidance -- of $5.2 billion. BlackBerry sales of 13.2 million units were below the low-end of guidance, although 500,000 PlayBook tablets shipped during the quarter, well ahead of analysts' average estimate of 400,000. Management has begun a restructuring program, including job cuts, which it expects will begin helping the bottom line in the third quarter.
Now what: Research In Motion has been losing share to Apple's
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