Research in Motion Ltd., maker of the BlackBerry wireless device, lowered projections Wednesday for new subscribers because of product launch delays, though it backed its revenue forecast for the third quarter.
Shares of the company fell 80 cents to $66.28.
The new projections come as RIM awaits final resolution of a high-stakes battle in a Virginia court where a jury has found BlackBerry's maker guilty of patent infringement.
The federal judge there is due to rule as early as next week on RIM's request to enforce a preliminary $450-million settlement that has unraveled with patent holding company NTP Inc. or -- if the sides can't negotiate a new deal -- possibly implement an injunction that would halt BlackBerry service in the United States.
RIM, which is based in Waterloo, Canada, said its subscriber additions for the fourth quarter would be about 3% lower than the initial forecast of 775,000 to 825,000. For the third quarter ending Saturday, the company sees subscriber additions about 8% lower than the previously forecast range of 680,000 to 710,000.