RIMM lowers guidence
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Research In Motion lowers Q309 revenue and EPS guidance (37.32 ) : Co issues downside guidance for Q3 (Nov), sees EPS of $0.81-0.83, excluding non-recurring items, vs. $0.91 First Call consensus; sees Q3 (Nov) revs of $2.75-2.78 bln vs. $2.96 bln consensus. Preliminary revenue is lower than the previously forecasted revenue range of $2.95-$3.10 bln.
AAPL will be hit hard on this news IMHO