RIM’s finances: Doom and gloom abound

The new look of BlackBerry 10.
(Credit: Jessica Dolcourt/CNET)
Research In Motion’s developer powwow this week delivered a small dose of good news as the company touted 80 million subscribers and kept its BlackBerry 10 timelines, but the bad news is on deck later today: fiscal second-quarter financial results.
To say expectations for RIM’s second quarter are low would be a major understatement. Wall Street is expecting RIM to report a loss of 47 cents a share on revenue of $2.5 billion for the fiscal second quarter, and a miss wouldn’t surprise anyone.
In fact, analysts are more focused on…

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