RE: Analysts expect 47 cents loss in Q2 That looks about right. I'm expecting a loss of more than $1 per share after the restructuring costs are added in. This really shouldn't come as a surprise to anyone, but I'm sure the media and "enlightened" analysts will tell us this spells RIM's doom. I think losses next quarter will be much less, and hopefully profitability will return soon after if BB10 is launched successfully.
RIM is in trouble in the US in large measure because they sabotaged their own market. The promised BB10 ages ago, and when they realized they couldn't deliver as soon as they'd hoped, they unveiled the BB7 line. BB7 phones are actually pretty decent (e.g. much improved browsing experience) but who wanted a "second-rate" new BB7 phone when BB10 was "right around the corner"?
That said, how many enterprises still depend on BB? How many governments still depend on BB? How many celebrities still depend on BB. I do believe there is significant pent-up demand for BB10. If they can deliver a decent BB10 phone, I wouldn't count out RIM just yet. I think the pent-up demand will return them to profitability, at least for one or two quarters. The hope is that word of mouth and proper advertising will make it a more sustainable turnaround.