TORONTO (AP) — Shares of BlackBerry maker Research In Motion plunged nearly 30 percent Friday after the company posted a loss and warned of future losses despite releasing its make-or-break new smartphones this year.

RIM said it sold 6.8 million phones overall versus 7.8 million last year. That includes older models. In wasn’t until well into a conference call with analysts that RIM announced that 2.7 million of the TORONTO -- Shares of BlackBerry maker Research In Motion slid in premarket trading Friday after the pany posted a loss in the first quarter and failed to break out how BlackBerry maker . By: Associated Press June 28, 2013. TORONTO — of BlackBerry maker Research In Motion d nearly 30 percent Friday Tags: blackberry, maker, posts, larger, RIM posts larger-than-expected loss, shares TORONTO, Sha'ban 19, 1434, Jun 28, 2013, SPA -- of BlackBerry maker Research In Motion d nearly 30 percent Friday after the pany posted a loss and warned of future losses despite releasing its Gillis said things look bleaker for the pany and it's going to continue to be a struggle. Jefferies & Co. analyst Peter Misek said the high end global smartphone market is saturated and brutally petitive.