Comments on: RIM’s Q2 2007 Fiscal Earnings

By: BlackBerryCool » RIM’s year-end results looking impressive

BlackBerryCool » RIM’s year-end results looking impressive — Mon, 09 Apr 2007 13:26:49 +0000

[...] Looks like our boys in blue have done it again. Even with the bad news that was their Q2 results from late last September, analysts are still saying that RIM will be looking at strong year-end results. [...]

By: BlackBerryCool » (Hopefully) RIM’s final status update

BlackBerryCool » (Hopefully) RIM’s final status update — Mon, 05 Mar 2007 14:55:04 +0000

[...] The debacle finally seems to be coming to a close. RIM announced early Monday morning that they will be restating results dating all the way back to 2004 for erroneous stock option granting. The financial reports that RIM’s sliding over the table shows that there will be a $250 million reduction to the numbers already presented. Luckily for RIM, though, there appears to be no intentional wrongdoing on the company’s behalf, so at least there’s a silver lining to this dreary cloud. The Waterloo, Ontario, maker of the BlackBerry Monday said a special committee determined that all options granted prior to Feb. 27, 2002, were accounted for incorrectly due to not applying variable accounting, and that 321 grants — or 63% of the total awarded — between Feb. 28, 2002, and August 2006, were incorrect. [...]

By: BlackBerryCool » RIM provides yet another status update

BlackBerryCool » RIM provides yet another status update — Mon, 27 Nov 2006 14:12:46 +0000

[...] No news is good news, right? Ever since late September, we’ve had our eyes on RIM and their stock-handling issues. The company has been reviewing it’s past stock history and continues to report to the Ontario Securities Commission. Their current update? Nothing to report. The company continues to stress, though, that they don’t expect any changes to be made to the results of their Q2 announcements. [...]