Updated from June 25SAN FRANCISCO -- Shares of BlackBerry maker Research in Motion ( RIMM) 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. Revenue rose 107% to $2.24 billion from $1.08 billion a year ago.
Cramer: RIM's Still Got Juice - Buy Now