June 17 (Bloomberg) - Research In Motion Ltd. fell as much as 13 percent in German trading after the BlackBerry smartphone maker said quarterly revenue may fall for the first time in nine years, and unveiled a plan to cut jobs.
Revenue of $ 4.2 billion to $ 4.8 billion in fiscal second quarter, RIM said in a statement yesterday. This was below the average analyst forecast of $ 5470000000 sales, according to the Bloomberg survey. Profit this quarter is 75 cents to $ 1.05 per share. Analysts had predicted $ 1.40.