Wednesday, April 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AT&T Partners With Chernin In Video Venture
Pioneer BDP-170 Blu-ray Disc Player Comes With Wi-Fi, Miracast And Youtube Connectivity
LG's G Watch is Water Resistant
Micron Releases New Solid State Drive For Data Centers
Toshiba Joins GLOBALSOLUTIONS Ecosystem
Apple Is Eyes The Electronic Payments Market
G.Skill Launches 32GB DDR3L-2133 1.35V SO-DIMM Memory Kit
Apple Makes Progress on Reducing Environmental Impact
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Mobiles > RIM's P...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, December 22, 2007
RIM's Profit, Revenue Doubled Last Quarter


Research In Motion (RIM) has announced the results of a very successful financial quarter. During the three months that ended Dec. 1, the company doubled its profit and revenue year over year.

Revenue was $1.67 billion, up 22% from the previous quarter and up 100% from the same quarter of last year. Approximately 80% this came from devices, 14% from services, 4% for software, and 2% for other revenue.

RIM's net income for the quarter was $370.5 million, or $0.65 per share, compared with net income of $287.7 million in the prior quarter and net income of $175.2 million in the same quarter of 2006.

Approximately 1.65 million BlackBerry subscriber accounts were added in the quarter, and over 3.9 million devices were shipped. The total BlackBerry subscriber base at the end of the period was approximately 12 million.

Jim Balsillie, Co-CEO, said, "We are pleased to see continuing growth amongst business and government users, with the BlackBerry platform being deployed for a widening range of applications, and we are also pleased with the excellent consumer sales results achieved so far in the holiday buying season."

Looking Ahead

RIM is anticipating another good financial quarter. It predicts revenue during its current one, which will end March 1, 2008, will be between $1.80 and $1.87 billion. The company also predicts that its earnings per share will be in the range of $0.66-$0.70 per share.

In addition, RIM is expecting that its total number of subscribers will go up by approximately 1.82 million during this period.


Previous
Next
Windows Mobile Standard Treo 500 Not Coming to the U.S.        All News        Sharp and Toshiba to Form Alliance in LCD and Semiconductor Businesses
Windows Mobile Standard Treo 500 Not Coming to the U.S.     Mobiles News      Yahoo!, America Movile Partner on Mobile Web Search

Get RSS feed Easy Print E-Mail this Message

Related News
BlackBerry Invests in NantHealth
BlackBerry May Exit Handsets If Necessary: CEO
Blackberry Wins Patent Infingement Case Against NXP
Curved TV Screens Leap into the Global Market
Blackberry Ends T-Mobile Licensing Agreement
BlackBerry Prevails In Case Against Typo
BlackBerry Posts Loss But CEO Remains Optimistic
BlackBerrys' Secure Work Space For iOS and Android Got Government Clearance
BlackBerry To Sell Most of Its Canadian Real Estate
BlackBerry Z30 Smartphone Now Available On ShopBlackBerry.com
Sony's Wireless Speakers Available Today Starting From $200
Hackers Attack NATO Web Sites

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .