Last quarter, RIM updated its guidance for the year and mentioned an expected shortfall in BlackBerry sales along with a lower average selling price for the smartphones (see RIM Guides Lower, Stock Sensitive to Market Share Decline).

FORBES: BlackBerry-Vision: RIM Outlook Crucial As Earnings Loom

Anyway, to add to that news, RIM reported lower revenues.

FORBES: RIM Shot. Blackberry Doesn't Do It Again.

How quickly can RIM get out a lower-cost version of BB10 to address the emerging markets?

FORBES: What The Bears Are Missing About Research In Motion

However, if RIM revises its outlook lower again, it could cause investor confidence and the stock to drop further.

FORBES: BlackBerry-Vision: RIM Outlook Crucial As Earnings Loom

Could RIM be planning to shut its hardware production capabilities in favor of partnering with lower cost Asian manufacturers?

FORBES: Here Comes RIM's Blackberry 10....Now What?

We discussed this in an earlier note titled RIM Blows it with Investors Again, Lowering Estimates where we discussed how RIM had failed to meet our expectation of 12 million BlackBerry shipments in the last quarter due to lower-than-expected demand for older models.

FORBES: RIM Hopes A Cool Name Like QNX Makes Up For Deficient Ecosystem