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revenue came in at $4.9 billion versus the Street estimate of $5.5 billion, and device shipments totalled 13.2 million versus expectations of 13.5 million. Net income for the quarter was $695 million smartphone pda phone nokia n 8 t-mobile n97 , down from $769 million in the same quarter a year earlier. Earnings per share in the first quarter beat estimates by a penny at $1.33. RIM revenue for the quarter breaks down as 78% hardware, 20% service, and 2% software and other revenue. In the second quarter, RIM trimmed its outlook to $4.2-$4.5 billion in revenue windows phone 7 dual camera , significantly under the Street consensus of $5.46 billion. RIM second-quarter EPS forecast is just $0.75-$1.05 versus $1.40 consensus. For the full year, RIM cut its EPS outlook from $7.50 to between $5.25 and $6 per share. Fiscal 2012 has gotten off to a challenging start, RIM Co-CEO Jim Balsillie said in a statement. The slowdown we saw in the first quarter is continuing into Q2, stylus pen for ipad and delays in new product introductions into the very

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