In regards to RIMM's earnings and numbers they hit them very well. So how can the analyst be projecting their next quarter without talking to the company. Are they trying to short them down by coming out with their own sales forecast. Hell I can project that they will make EPS of 4.00 in the next quarter. Is that a reason to beat them down. Or should they have to listen to the company and not make projections which can easily be used as a basis for shorting.
"The company sold 14.9 million BlackBerry smartphones, it said, which was toward the upper end of its projected range. Gross profit came in at 44.2%, ahead of the 43.6% reported in the prior quarter.
For the fiscal Q1 ending in May, the company sees $5.2 billion to $5.6 billion in revenue and EPS of $1.47 to $1.55. Analysts have been modeling $5.64 billion and EPS of $1.65"
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