IPhone is high bar for RIM and Palm

Research in Motion Ltd.'s third-quarter net profit is expected to increase to $1.04 a share from 70 cents a year ago. Sales will rise 37% to $3.8 billion. RIM's smart-phone shipments will likely increase 43% to 9.6 million units. Similarly, Palm Inc.'s second-quarter sales are projected to rise 39% to $266.2 million while net loss will narrow to 32 cents a share from 73 cents a year ago.