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RIM Sinks as Forecast Falls Flat

Stock quotes in this article: RIMM , AAPL , MOT , NOK  

Updated from June 25

SAN FRANCISCO -- Shares of BlackBerry maker Research in Motion(RIMM Quote) plunged after the company missed Wall Street's first-quarter expectations and guided below profit estimates for the second quarter.

Shares of RIM sank 8.5% to $130.18 in premarket trading Thursday.

RIM said first-quarter profit rose to $482.5 million, or 84 cents a share, compared with a net income of $223.2 million, or 39 cents a share, a year earlier. ...

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