RIM outs Q2 results, reports loss of $235m and a $2.9b revenue

RIM has released its financial results for Q2 2013 (the company has a shifted financial year) and despite reporting a loss of $235 million, it's not as bad as last quarter, when the loss of the Canadian company was double that. Revenue was $2.9 billion, which is 31 percent down year-over-year. RIM managed to ship 7.4 million smartphones and 130,000 PlayBook tablets and has a total of 80 million BlackBerry subscribers.
The company reports $2.3 billion in cash and assets on hand. This is a slight increase from last quarter's $2.2 billion.

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