It was reported on Wednesday that Research In Motion (NASDAQ: RIMM) is hoping that tomorrow's earnings will see the company avoid a fifth straight sales miss, with investors looking to the new CEO for an immediate turnaround.
According to Bloomberg, since March 2011, RIMM shares have dropped 16% on average the day after earnings have been released.
The online chatter seems to be pointing to another negative quarter for the company, the first results for new German-born CEO Thorsten Heins who took over at the beginning of the year and promised to do something “dramatically different” to reverse the slump.
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