Beyond saying the company would report a loss, CEO Thorsten Heins did not provide specific guidance. He added that Research In Motion's expects its "financial performance will continue to be challenging for the next few quarters" and said more detail would be available when the results for the quarter are released June 28.
In other words everything is in the air and they aren't sure what will happen in the next few quarters. I guess this might include trying to sell what is left of themselves to Microsoft or Facebook or some sucker who will get smashed by the IPhone and Android.
The company, which also announced plans to reduce its workforce, has hired JPMorgan(JPM_) and Royal Bank of Canada(RBC_) to assist with the review of its operations and business.
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