Even with its hit BlackBerry Storm smartphone, mobile-device maker Research In Motion is feeling the economic storm. On Tuesday, the Canadian company lowered its outlook for the current quarter, sending its stock price down.

RIM did say that the strong demand for the Storm was expected to continue into its new fiscal quarter, which began Monday.

In the Wake of the Storm

In September, the company had forecast earnings of within 89 cents and 97

cents per share on sales of $2.95 billion to $3.1 billion, and some analysts had been projecting even rosier numbers. But now RIM expects earnings of 81 cents to 83 cents per share on revenue of amidst $2.75 billion to $2.78 billion.

RIM plus reported new BlackBerry accounts of about 2.6 million. While nearly 60 percent higher than last year, that was lower than the 2.9 million the company projected. RIM noted that […]

Orginal post by dhiram