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Posted AT 10:37 AM EST on 26/06/08

RIM looks to rebound with new handsets

Globe and Mail Update

Shares of Research In Motion Ltd. fell more than 10 per cent after the opening bell at the TSX Thursday, a day after the BlackBerry maker revealed fiscal first quarter results barely missed Wall Street expectations. RIM observers had grown accustomed to the company sailing past forecasts and were somewhat surprised when RIM said its profit for the three months ending May 31, 2008 was $482.5-million (U.S.

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