Bloomberg News

RIM Reports Loss, Delays BlackBerry 10 Release

June 28, 2012

June 28 (Bloomberg) -- Research In Motion Ltd., reeling from competition with the iPhone and Google Inc.’s Android, reported a bigger loss than anticipated, delayed the release of its new BlackBerry lineup and announced plans to cut 5,000 jobs. Sheila Dharmarajan reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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