Shares in Research in Motion (RIM) fell 12% in after-hours trading after the firm said profits this quarter will be much weaker than expected.
It blamed the cost of developing its new tablet-format Blackberry, as well as a migration of consumers towards cheaper handsets in its product range.
The success of the iPad must have put company boardrooms in a tizzy in an effort to catch up or get ahead of Apple.
It blamed the cost of developing its new tablet-format Blackberry, as well as a migration of consumers towards cheaper handsets in its product range.
The success of the iPad must have put company boardrooms in a tizzy in an effort to catch up or get ahead of Apple.