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RIM quarterly results show revenue and profit down from last year

Quarterly figures from Research in Motion reveal that the company’s revenue has fallen by 47% year-on-year to $2.7 billion (£1.7 billion), while net profit for the quarter was down from $265 million in Q3 2011 to $14 million this year.

Around 60% of quarterly revenue came from hardware, 36% from services and 4% for software and other revenue.

Author: The Fonecast
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