News Headline Summary

Research in Motion's (RIMM) Q3 US sales drop to USD 520mln from prev. USD 1.03bln Y/Y

- Q3 Canada sales drop to USD 127mln from USD 385bln year earlier.
- Q3 UK sales drop to UK 302mln from USD 588mln year earlier.

Reaction details:

- No immediate reaction in co. shares, traded last USD 11.70 (-17.10%), Reason for the large move for the day is due to co.'s decision to scrap service fees for some user, their most profitable source of revenues.

Print 14:34, 21 Dec 2012 - US Equities - Source: Newswires