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More disappointment from RIM

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There are new questions about whether Canada’s tech darling can survive.

They follow more disappointing news coming from Research in Motion. It follows a statement from RIM that it’s taking a loss, of $485 million in its latest quarterly results.

That’s because it had to cut the price of its new BlackBerry Playbook to make it sell – but even that isn’t working.

Al Sweeney has the latest on the RIM saga.


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Related: Nick Bontis says RIM stock is undervalued