Research in Motion (NSDQ: RIMM) lowered its profit expectations for the upcoming quarter by about 10 percent Thursday afternoon, citing weaker-than-expected demand for BlackBerry smartphones in addition to a shift toward lower-priced models. Trading in RIM’s stock was briefly halted as investors digested the news, which comes a week after the launch of RIM’s hope for the future, the Playbook tablet, and a week before its BlackBerry World conference in Orlando.
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