RIM announces Q4 2012 earnings, Jim Balsillie resigns from company's board

We've already seen a bit of big news slip out ahead of RIM's earnings announcement, and the company's now dropped another bombshell itself. Former co-CEO Jim Balsillie has resigned from his position on the company's board of directors. In a statement, Balsillie said simply: "As I complete my retirement from RIM, I'm grateful for this remarkable experience and for the opportunity to have worked with outstanding professionals who helped turn a Canadian idea into a global success." As for the fourth quarter earnings, RIM is reporting revenue of $4.2 billion, down 19 percent from the third quarter, and a GAAP net loss of $125 million. Total BlackBerry shipments for the quarter dipped 21 percent to 11.1 million units, while PlayBook shipments totaled 500,000, which a new high water mark for the tablet.

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